The A-Z of Dubai Property

  • United Arab Emirates: Saturday, July 17 - 2004 at 10:35

This is a thumbnail 'who's who' and 'what's what' in the fast-paced world of the Dubai property sector.

A: Amlak Finance, leading mortgage provider.
B: Better Homes, along with Asteco, the top local estate agents.
C: Cluttons joins FPD Savills as major UK agencies in Dubai.
D: Damac Properties, largest privately-owned developer.
E: Emaar Properties, major property developer, 30% owned by Dubai Government, listed on Dubai Financial Market.
F: Fbi Property Development Company, a Dubai property development company.
G: Goldcrest, building towers in the Jumeirah Islands.
H: Hotels & Resorts IFA is a major investor in Palm Island real estate.
I: International City, tens of thousands of apartments in a themed complex behind Dubai International Airport.
J: Jumeirah Beach Residence, development of more than 40 towers on the Dubai Marina beachfront, 100% Dubai Government owned.
K: Kinnarps of Sweden, leading office fit-out specialists.
L: Landmark Properties, another local agent.
M: General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Dubai real estate sector's visionary leader.
N: Nakheel, 100% Dubai Government-owned, developer of The Palm Islands and The World.
O: Oryx, one of a new breed of Dubai property agencies.
P: The Palm Islands, one off Jumeirah and the second off the coast at Jebel Ali, massive man-made islands shaped like palm trees.
Q: Quick construction, fast-track building with minimal planning delays and no red-tape.
R: Rakbank, along with HSBC and Mashreqbank, providers of mortgage finance.
S: Springs, 4,000 town houses behind the exclusive Emirates Hills and Meadows executive homes.
T: Tamweel, home finance company, a joint venture between Nakheel and Dubai Islamic Bank, both Dubai Government entities.
U: Union Properties, the second largest listed Dubai property firm, Emirates Bank International has a controlling stake.
V: V-Kool, a Dubai firm supplying sun-reflecting window film that dramatically cuts energy bills.
W. The World, a man-made archipelago of islands in the form of a map of the world, off the Dubai coast.
X: Extremely good value-for-money property.
Y: Yachts in the Dubai Marina, a 1.8km long artificial harbour, central focus of a development of 100+ high rise towers.
Z: His Highness Sheikh Zayed Bin Sultan Al Nahyan, President of the UAE.
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