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Issue No 281 - 01 Sep 2008
ACI and Ferretti unveil beach properties
ACI Real Estate and Ferretti Group launched two luxury waterfront residences, “Ferretti Luxury Beach Residence” and “Pershing Luxury Beach Residence.” more
$184m Dubai Marina tower launched
Dubai-based Select Group and the UK's property developer Select Property have jointly launched West Avenue on one of the last remaining plots on Dubai Marina. more
Deyaar reveals new corporate identity
Leading Dubai-based developer Deyaar has launched its new corporate identity, in line with its ambitious plans to move up from single-tower projects to mega developments, a report said. more
Tiger Woods Dubai phase 1 work on track
The first phase of the $1.1bn Tiger Woods Dubai residential golf development is on track and is due to be completed in September next year. more
Former Tameer CEO starts $1.09bn realty firm
Omar Ayesh, a former chief executive officer of Tameer Holding, has formed Nobles Investments, a Dh4 billion ($1.09 billion) real estate company in Dubai, said a report. more
Hydra Properties, NIB ink financing deal
Hydra Properties has signed a mortgage financing deal with Noor Islamic Bank which covers all its UAE properties including leasehold and freehold units, in ongoing and future developments, a report said. more
Dubai passes property law to curb speculation
Dubai has issued a new law to regulate the sale of real estate still under construction in an effort to curb speculation that has sent property prices in the emirate skyrocketing. more
Top real estate summit to be held in Riyadh
Council of Saudi Chambers of Commerce & Industry will host a major international real estate investment summit participated by VIPs in the industry in October. more
Rikaz group acquires Saudi's Al Rawda
Rikaz Properties, a part of the Tanmiyat Investment Group and Bin Dayel Group consortium, has acquired the Al Jubail City-based Al Rawda Development, which consists of residential and commercial complexes, a report said. more

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