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Dubai unveils $95bn 'new city' development
A developer owned by the Dubai government announced today that it will build a 'new city' in the emirate at a projected cost of $95bn.
Damac guarantees 40% rental return
Damac is guaranteeing a 40% rental return over three years to buyers who invest in the new 'Executive Suites' tower in Dubai's Business Bay. The guarantee works out as 8% a year over three years. Alternatively, buyers can get a 10% price discount.
Memon buys five land plots in Dubai
Property developer Memon Investments, has bought five plots of land in Jumeirah Village South in Dubai for Dhs228m, and said it will launch more developments elsewhere in the UAE before year end.
Cityscape Dubai 2008
Cityscape Dubai 2008, in its 7th year, is the largest business-to-business real estate investment and development event in the world.
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