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Dubai Property

GGIC begins phase two of Axis Residences
Gulf General Investment Company has launched phase two of its Axis Residences at Dubai Silicon Oasis with a project value of Dhs1.3bn ($354m), reported Gulf News. The project consists of 870 units in six buildings spread over 350,000 square feet of land. The first building is due for handover in October 2008 and the remaining five are expected to be handed over in late 2009.
United Arab Emirates: Wednesday, April 16 - 2008 at 13:44

Tiger Woods Dubai gets approval
The Tiger Woods Dubai, a member of Tatweer, has announced the project's master plan has been finalised and approved by the Dubai Municipality and the RTA, while its design and construction are progressing on schedule. Scheduled for completion in late 2009, The Tiger Woods Dubai is set to be an exclusive lifestyle community with the Al Ruwaya Golf Course as its focal point. The routing for the golf course, the first to be designed by Tiger Woods, has also been finalised, while its shaping has commenced.
United Arab Emirates: Wednesday, April 16 - 2008 at 10:44

UK property conference to be held in UAE
Prospects for Property, a leading UK property conference, will be coming to Abu Dhabi and Dubai later this month. Organizers said the conference is aimed at any investor or developer with real estate investments in the UK marketplace, those looking to source joint ventures with British partners in the GCC or UK markets, or for the elite of the GCC property market. The conference will be held on April 23rd at the Beach Rotana Hotel & Towers in Abu Dhabi and on April 24th at the One & Only Royal Mirage in Dubai. Each conference will last from 2 – 5.30pm.
United Arab Emirates: Wednesday, April 16 - 2008 at 10:16

Reef Real Estate to raise portfolio by Dhs1.5bn
Reef Real Estate Investment Co plans to increase its property development portfolio by Dhs1.5bn ($4.1m) over the next two years in projects across the UAE, reported Khaleej Times. The company yesterday launched Baynonah Business Towers at Jumeirah Village and the Park Residence at downtown Jebel Ali. Shaikh Ahmed Mohammed Zayed Saqer Al Nahyan, the company's managing director, said the company's current portfolio is composed of six projects worth Dhs1.3bn. The delivery of the two latest projects will be in 2010.
United Arab Emirates: Wednesday, April 16 - 2008 at 10:04

Nakheel unveils plans for Veneto
Nakheel, a Dubai World company, has unveiled plans for Veneto - the first community to be launched in Dubai's Waterfront project, which is set to be the world's largest coastal development. Veneto is located off Shaikh Zayed Road with each home no further than two kilometres from the coastline. Offering luxury villas and townhouses, Veneto has been masterplanned to create an exclusive waterside neighbourhood on the fringe of Waterfront City, the urban heart of the metropolis, the developer said.
United Arab Emirates: Wednesday, April 16 - 2008 at 07:28 |

Drake & Scull wins Dubai contract
Drake and Scull International has been awarded the contract for the full mechanical, electrical and plumbing contract for the 47-storey Tiara United Towers in Dubai on Shaikh Zayed Road, the company said. DSI was appointed by Zabeel Investments and United Holdings, who formed a joint venture to build the twin towers.
United Arab Emirates: Tuesday, April 15 - 2008 at 09:39

Deyaar projects sell out at DSO
Dubai-based real estate company Deyaar has announced the complete sell-out of its projects at Dubai Silicon Oasis on the first day of the launch, a statement said. The projects consisted of 464 units at Coral, Jade and Ruby Residences comprising one, two and three bedroom apartments.
United Arab Emirates: Tuesday, April 15 - 2008 at 07:26

Tamweel finances MotorCity
Tamweel PJSC has agreed to finance Union Properties' two residential projects at MotorCity, the Green Community MotorCity and UPTOWN MotorCity. MotorCity is a mixed use property project with residential, commercial and leisure components. Attractions include Dubai Autodrome and F1-X Dubai, a Formula One-themed leisure destination.
United Arab Emirates: Monday, April 14 - 2008 at 09:11