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Issue No 278 - 11 Aug 2008
DED, Rera in realty services deal
The Dubai Department of Economic Development (DED) has said it has entered into a partnership with the Real Estate Regulatory Authority (Rera) for enhancing the quality of support services offered to real estate investors and customers. more
Sorouh names retail director
Sorouh Real Estate, a leading Abu Dhabi-based real estate developer, has appointed Rajeev Lee as its new director of retail, at a time when the company is heavily focused on developing its retail division. more
DWC real estate arm eyes global market
The real estate arm of Dubai World Central (DWC) aims to establish itself as a global real estate master developer. more
Dheeraj begins work on Culture Village projects
Leading real estate developer Dheeraj and East Coast (DEC) recently broke ground for three projects in Dubaiís Culture Village, according to a report. more
Aber real estate investments hit $408m
Aber Group, a prime real estate developer in the UAE and Middle East, said that its current investments in the property sector have risen to Dh1.5 billion. more
Tamweel profit to double
Islamic Mortgage Company Tamweel expects to almost double its profit in 2008, the Dubai-based company said on Wednesday. more
Plus Prop inks $109m SkyGardens contract
Plus Properties, a leading property developer in Middle East, has signed a Dh400 million contract with Taahud General Contracting Company for construction of SkyGardens project more
Rera seeks explanation from Saudi developer
Dubaiís Real Estate Regulatory Authority (Rera) has sought an explanation from Saudi developer Sokook regarding termination of contracts with investors in Ivory Tower, a report said. more
$326m project comes up in Dubailand
Dubailand, an innovative, entertainment and leisure development owned by Tatweer (a part of Dubai Holding), will soon be home to a Dh1.2 billion ($326 million) Berlin City Centre. more

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