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Issue No 315 - June 07, 2010
 
 
Leaning tower of Abu Dhabi breaks world record with furthest incline
The Abu Dhabi National Exhibitions Company (Adnec) said Saturday its Capital Gate in Abu Dhabi has been certified as the ‘World's Furthest Leaning Manmade Tower,' by Guinness World Records.
more
 
New law puts Dubai home owners 'in control'
Dubai property owners can now play an active role in management and operation of their towers and communities as per the new regulations which provide the framework for the ‘Dubai Jointly Owned Property Law,’ said an industry expert.
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Marsa signs up WSP for Blue Bay project
Sharjah-based Marsa Al Nejoum Real Estate, a leading developer in the region, said it has signed up WSP Middle East to provide infrastructure design and consultancy for its Blue Bay Villa project.
more
 
Jeddah property market 'set for big growth'
Despite the impact of the global economic turmoil, disastrous floods and the H1N1 virus, Jeddah will reap the benefits of new public and private investment in the real estate market, said Jones Lang LaSalle in its latest report. more
 
Cityscape Jeddah set for June 7 opening
Over 100 real estate companies will showcase their projects and services at Cityscape Jeddah, Saudi Arabia’s leading real estate investment and development event, which opens on June 7 in the Saudi city.
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DSO delivers Cedre Villas phase II units
Dubai Silicon Oasis (DSO), the region’s integrated free zone technology park, has announced the delivery of second phase of its 1,047 Cedre Villas project, comprising a variety of exclusive and spacious villas.
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Dubai residential rents seen lower in 2010
Residential rents in Dubai are set to fall further in 2010 due to increased supply, while vacancy rates in Abu Dhabi's office market are expected to rise to as much as 10 per cent in 2011, a report said on Monday.
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