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Issue No 285 - 29 Sep 2008
 
 
Bay Square plots up for grabs
Dubai Properties, a subsidiary of Dubai Properties Group, has released a fresh set of residential and commercial space for sale, the third among 13 buildings to be offered to investors at the Dh6 billion ($1.6 billion) Bay Square. more
 
Plus Properties forays into Lebanese market
Plus Properties, an upcoming real estate developer in the Middle East, has announced its foray into the Lebanon real estate market with the launch of two luxury residential properties in Soldier’s Downtown Beirut located within Beirut Gate project. more
 
 
Manhattan's hottest property debuts at Cityscape
New York City’s hottest residential property, the 'W New York Downtown Hotel and Residence,' will be showcased at Cityscape Dubai, reflecting the global importance of the Dubai market. more
 
Dubai property market 'will escape retreat'
Dubai's rampant property market looks set to slow but population growth, government intervention and strong outside investment in the oil-backed economy should limit any price declines. more
 
Dubai property to slow on global credit crunch
Profits in Dubai's buoyant real estate sector could ease and sales slow as buyers become more selective in the wake of the global credit crisis, the Dubai Land Department chief has been quoted as saying. more
 
Aldar announces new plans for Noor Al Ain
Aldar Properties said it was revising its Noor Al Ain project in Al Ain to cope with new guidelines developed by the Abu Dhabi Urban Planning Council (UPC) through the UPC’s constant consultation process with its developer partners. more
 
Limitless plans $1.7bn Jakarta project
Limitless, a real estate arm of Dubai World will develop Rasuna Epicentrum, a $1.7 billion, 33 hectare mixed-use project in the Indonesian capital, Jakarta. more
 
Dubai group pulls out of Minerva talks
Shares in UK property firm Minerva tanked 47 per cent on Friday after it announced that sovereign wealth fund suitor Limitless had withdrawn its 160-pence a share offer. more
 
Office space in Qatar to grow 150pc by 2009
Office space area in Qatar is projected to grow by 150 per cent by 2009, according to recent studies. The growth will be more than double the total available office space area, recorded at 911,842 sq m in 2006.more
 
 
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