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Issue No 280 - 25 Aug 2008
 
 
RTJ II to design Sama Dubai golf course
Sama Dubai, the international real estate investment and development arm of Dubai Holding, said it has appointed Robert Trent Jones II as designers of the scenic 18-hole championship course at the $2 billion Salam Yiti Resort-Oman. more
 
Hydra towers 60pc excavation work over
UAE-based Hydra Properties said it has completed 60 per cent of excavation work for the ’Hydra Executive Towers' located at Al Reem Island in Abu Dhabi. more
 
 
Nakheel targets US investors
Top officials from the real estate major Nakheel, are going to the United States to meet with major US developers, and investors looking at investment opportunities in Dubai. more
 
Select awards Pacific contract to CTC
Dubai-based Select Group has awarded the construction contract of its Pacific project on the Al Marjan Island to the Ras Al Khaimah-based Construction Technology Contracting (CTC). more
 
Palm Monorail handed over
Nakheel, a leading real estate developer, has marked the official handover of the Palm Monorail vehicles with a ceremony at Hitachi Kasado Works, Tokuyama City, Japan. more
 
Mortgage delays 'frustrate home buyers'
An increasing number of property buyers are frustrated by the delays often associated with securing a mortgage in the UAE, says an expert. more
 
Dubai issues mortgage law to regulate sector
The ruler of Dubai has issued a new mortgage law as part of moves to regulate the emirate’s booming real estate sector, the chief executive of the Real Estate Regulatory Authority said. more
 
Two new towers planned at Capital Centre
Abu Dhabi National Exhibitions Company (Adnec) has revealed two distinctive commercial and residential towers by SinoGulf Investments that architecturally mimic the movement of sand dunes. more
 
$13.2m mall planned in Malkiya, Bahrain
A new BD5 million ($13.2 million) shopping complex will open in November in Malkiya, it was announced on Wednesday. more
 
 
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