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Middle East Real Estate News
Newsletter from Eqarat.com
Issue No 325 - September 20, 2010
DPG to showcase key projects at Cityscape
Dubai Properties Group (DPG), a member of Dubai Holding, will showcase its portfolio of both built-to-sell and built-to-lease communities at an upcoming property and real estate exhibition in Dubai.
Dubai office vacancies may hit 50pc: report
Dubai's office vacancy levels will rise to more than 50 percent in some areas and the emirate should mothball or demolish buildings to try and limit over-supply, Jones Lang LaSalle said in a report on Sunday.
Damac to invest $300m in Russia projects
UAE-based real estate developer Damac today signed a deal with Prominvest, the investment arm of Russian Technologies, to invest $300 million in the country.
Dubai residential property vacancy rate drops 25pc
The residential property vacancy rate in Dubai has tumbled from around 11 per cent to eight per cent over the summer, a fall of some 25 per cent, according to a new report.
Aldar starts Al Bandar properties' handover on Al Raha
Aldar Properties, Abu Dhabi’s biggest real-estate developer, started last week handing keys of properties in Al Bandar development on Al Raha beach to their owners, according to a Bloomberg report.
DPG completes Mirdif residential project
Dubai Properties Group (DPG), a member of Dubai Holding, has announced the successful completion of Ghoroob, an affordable residential development, in the heart of Mirdif in Dubai.

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