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Middle East Real Estate News
Newsletter from Eqarat.com
Issue No 320 - August 16, 2010
DPG offers 400 new apartments for lease
Dubai Properties Group (DPG), a member of Dubai Holding, has announced that 400 spacious one-bedroom apartments are now available for lease in one of the most sought after communities in Dubai, Shorooq Mirdif.
Damac eyes Mena project completions
Dubai's largest private developer, Damac Properties, is focused on completing projects in the Middle East and North Africa but also in talks about work in Iraq after a big project there was shelved, an executive said.
Abu Dhabi Finance, Tamouh in tie-up
Abu Dhabi Finance, a top home finance provider, will become a preferred mortgage lender for Tamouh Investments, a leading master developer, as per a new partnership between the two firms.
UAE rent declines ‘help improve lifestyle’
Accelerated rent declines are helping to make Dubai and Abu Dhabi more attractive to live and work, said a report.
Dubai to host ‘global’ architectural awards
Projects with outstanding creative design, performance, sustainability and vision across Middle East, Africa, Latin America and Asia will vie for top honours at the first 'Cityscape Awards for Architecture in Emerging Markets' to be held in Dubai.
Sharjah, RAK rents fall on weak demand
Residential rents in the UAE's northern emirate areas including Sharjah, Ras Al Khaimah, have dropped an average 35 per cent since the first half of 2008, and are seen falling further this year, on increased supply and weak demand, a report said.

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