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Issue No 261 - 18 March 2008
Value of Dubai land transactions tops Dh2.3b
A total of 356,000 new housing units in Dubai and Abu Dhabi will be enough to meet the demand in the next three years.more
Emaar launches Burj Dubai sales
Emaar Properties has taken the lead in the serviced residences sector.more
IMPZ PBU's ready for occupation
The International Media Production Zone (IMPZ) has unveiled the three remaining phases of the Dh285 million ($77.65 million) Pre-Built Units (PBU).more
Abaad Real Estate nets $5.5m revenue
Abaad Real Estate Company has reported a total revenue of BD2.1 million ($5.5 million) in the first year of its operation. more

ICD in deal over Colonial
Investment Corporation of Dubai (ICD) and the principal shareholders of Inmobiliaria Colonial into a conditional agreement. more

Germany's Hochtief wins Qatar contract
German builder Hochtief won a contract for a commercial and residential development from Qatar's Barwa Real Estate Co.more
$463m Rainbow Towers work gets underway
Sweet Homes to start the preliminary phase of its construction of Dh1.7 billion ($463 million) Rainbow Towers project in Emirates City.more
Global offers 500m Waterfront shares
Global Investment House announced the private placement of 500 million shares for the First Waterfront Real Estate Company.more
Dubai Properties forms new holding company
Dubai Properties, a member of Dubai Holding, has established a new holding company – Dubai Properties Group (DPG). more

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