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Dubai Property

Eve Tower civil works in progress
Hydra Properties has announced the completion of 65% of the excavation and land leveling work for Eve's Tower, located at Downtown in Dubai's Business Bay. The tower is being built as an exclusive offering for women entrepreneurs. The project is expected to be completed by 2010, and is being executed by Middle East Foundations Company.
United Arab Emirates: Monday, June 30 - 2008 at 12:56

Adnec begins marina zone dredging
Abu Dhabi National Exhibitions Company (Adnec) has commenced dredging in its marina zone, as part of the final phase of Abu Dhabi's Dhs8bn Capital Centre business and residential development. The marina zone will be equipped to house super-yachts and marine exhibitions.
United Arab Emirates: Monday, June 30 - 2008 at 09:48

ThinkSpace wins Tameer broker deal
Real estate broker ThinkSpace has clinched a deal with Tameer Holding Investments to launch its new project in the Tecom district, Al Shahad Tower in the UAE rental market, Gulf News has reported.
United Arab Emirates: Sunday, June 29 - 2008 at 09:36

Emaar Bawadi unveils Maysan Towers
Emaar Bawadi has unveiled its first residential tower complex in Bawadi. The Maysan Towers comprise of three high-rise apartment towers within the 70 million sq ft Asmaran master-planned community in Bawadi. Emaar Bawadi is a joint venture between Emaar Properties PJSC and Bawadi, a member of Tatweer.
United Arab Emirates: Saturday, June 28 - 2008 at 15:05

Green buildings seen to hike rents
According to speakers at a Building Sustainability conference held last week, going green may be good for the environment, but green buildings do produce higher rents, Gulf News has reported. The green ones are seen to produce better rents and higher resale values. However, while this may mean higher rents for tenants, savings are expected to come from less operating costs for the occupants.
United Arab Emirates: Saturday, June 28 - 2008 at 10:02

Nakheel plans overseas push
Dubai-based developer Nakheel is planning big investments in listed property firms in Asia, the UK and US to take advantage of bargains that are available following the credit crunch, reported Reuters. Nakheel also plans to raise its stake in Australia's Mirvac Group Ltd MRG.AX from 12.5% to just under 20% to expand its operations there.
United Arab Emirates: Thursday, June 26 - 2008 at 10:20

Emaar launches Warsan Estate
Emaar Properties has launched Warsan Estate in Dubai, an exclusive residential community located on Al Awir Road. The development will offer 500 single family townhomes that will appeal to residents who value the privacy of villa living in an immaculately laid out residential community, an Emaar statement said.
United Arab Emirates: Thursday, June 26 - 2008 at 09:00

Abyaar starts share sale
Abyaar Real Estate Development Company, the Kuwaiti listed real estate developer, yesterday launched a private placement of new shares representing 10% of its capital. As a result of the transaction, the company's issue and paid up capital will increase to 53.4 million dinars ($201m). The new shares will be sold at at 600 fils each and Abyaar has submitted an application to be listed on the Dubai Financial Market (DFM) in the form of a secondary listing to complement its current listing on the Kuwait Stock Exchange.
Kuwait: Thursday, June 26 - 2008 at 07:13