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Dubai Property

MBR Gardens to feature waterways
Renowned architect Eric Kuhne of London-based CivicArts said in a statement that water will be the lifeblood of the Mohammed Bin Rashid Gardens, pumped through a network of canals, pools and waterways. With over 150 km of waterfront and wetlands, the Central Union Canal will be designed to give the city's ecosystem the capacity to support a range of living creatures.
United Arab Emirates: Sunday, August 31 - 2008 at 15:02

ACI, Ferreti in Waterfront deal
ACI Real Estate and Ferretti Group has launched two waterfront properties recently, the Ferretti Luxury Beach Residence and Pershing Luxury Beach Residence situated at the Waterfront. The properties are valued at about Dhs6bn, sprawling 1,969,607 sqft of saleable area. Ferretti Luxury Beach Residence twin tower will have over 44 floors each, while Pershing Luxury Beach Residence will have over 41 floors, with individual retail units at the ground floor of each tower.
United Arab Emirates: Sunday, August 31 - 2008 at 12:12

The Palm Golden Mile in progress
Al Shafar General Contracting said that The Palm Golden Mile project is progressing as scheduled and is set for completion at the beginning of 2009. ASGC further revealed the construction materials being poured in the project consist of 200,000m3 of concrete, 40,000 tons of steel reinforcement, 6,250,000 blocks, 700,000m2 of plaster work and one million m2 of paint. The Palm Golden Mile is located on the trunk of The Palm Jumeirah and will host international shopping, residential and office destination covering 60,000 square meters.
United Arab Emirates: Sunday, August 31 - 2008 at 12:01

Damac's The Lofts begins work
Damac Properties announced it has started the construction works for 'The Lofts', Damac's second Abdali-based project in Jordan. The JD53m contract was awarded to Arabtec-EEC JV, targeting completion date by the end of 2010.
Jordan: Sunday, August 31 - 2008 at 09:40

Rikaz consortium eyes Al Rawda
Rikaz Properties has formed a consortium with Bin Dayel Group and Tanmiyat Investment Group to acquire the Al Jubail City based Al Rawda Development in Saudi Arabia. The two million sqm property is already equipped with the infrastructure needed for the development of modern residential complexes and commercial towers.
Saudi Arabia: Saturday, August 30 - 2008 at 15:38

Emaar desk opens at Land Dept
Emaar Properties has opened a special desk at the Dubai Land Department office in Deira to facilitate ease of transaction for Emaar's customers. The Emaar desk will provide 'No Objection Certificates' for secondary market transactions, land registration, mortgage registration for secondary market and addition or deletion of names and other related transactions.
United Arab Emirates: Saturday, August 30 - 2008 at 12:58

Westerners cool on Gulf properties
Western investors have cooled on Gulf property markets, as investors are busy dealing with crises elsewhere, accoridng to a director in Jones Lang LaSalle's Dubai-based International Capital Group, Reuters has cited. The market is seen to be dominated by domestic investors at the moment until global credit conditions ease and British and US property buyers have refocused on other areas they see as cheaper and more competitive.
Middle East: Saturday, August 30 - 2008 at 09:31

Deyaar unveils new corporate identity
Dubai-based property developer Deyaar, whose former chief executive Jack Shahin is under investigation for wrongdoing, has unveiled its new corporate identity, reflecting the company's strategic shift from single-tower projects to larger communities in master-planned developments. The introduction of a new corporate identity is in line with the company's vision as it seeks to enhance its status as the leading complete one-stop real estate solutions provider based in Dubai.
United Arab Emirates: Thursday, August 28 - 2008 at 07:50