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Issue No 289 - 28 Oct 2008
Eqarat.com in deal to manage ‘G Tower’ sales
Eqarat.com, a leading total solutions provider to real estate sector, has signed a strategic partnership with Galadari Investment Office (GIO) to manage sales of the Dh1.2 billion ($326.7 million) ‘G Tower’ project, located in the City of Arabia - Dubailand. more
Aldar Q3 net profit up 50pc
Abu Dhabi's Aldar Properties posted a 50 percent rise in third-quarter net profit to Dh760 million ($206.9 million) mainly on sales revenue. more
Define Properties unveils $408m Waterfront project
Dubai-based Define Properties has announced the launch of 'Define Essence,' a Dh1.5 billion ($408.2 million) residential tower located in Madinat Al Arab in the Waterfront, Dubai. more
$40.8m 'Gardenia’ project launched
Memon Investments has announced the launch of a Dh150 million (40.8 million) luxurious residential development in Jumeirah Village South (JVS) offering residents a charming yet authentic Mediterranean experience. more
Nakheel unveils Forbidden City
Dubai's master developer Nakheel said it has unveiled the Forbidden City, home to 4,000 low rise studio, one-bed and two bed apartments in the International City. more
Bawadi in deal to develop $5.4bn tourism project
Bawadi, a member of Tatweer Dubai, on Saturday signed an agreement with Dubai Properties to develop Dh20 billion tourism ($5.4 billion) project over a 30 million sq ft area at Bawadi, the upcoming mega hospitality and tourism hub in Dubai. more
Palm project on track says Nakheel
Dubai's Nakheel Properties said work on Palm Deira is ongoing as planned denying reports that it had scaled back dredging work on the project over the global financial crisis. more
Lona unveils $396m Amwaj Waves
Bahrain-based Lona Real Estate has launched its flagship project $396 million Amwaj Waves, the single largest residential development on Amwaj Islands. more
Bahrain firm unveils $60m residential projects
Century Homes has unveiled three residential six-storey buildings to be built at its $60 million Marina Reef project.more

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