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Middle East Real Estate News
Newsletter from Eqarat.com
Issue No 339 - April 18, 2011
Adnec unveils Marasi Village at expo
Adnec (Abu Dhabi National Exhibitions Company) has unveiled Marasi Village, a luxury waterfront development comprising 81 luxury villas for sale exclusively to UAE nationals.
Sorouh to complete $3.5bn projects by 2014
Sorouh Real Estate expects to complete projects worth Dh13 billion ($3.54 billion) with delivery of some 7,000 units by 2014, its chief financial officer said on Sunday.
Damac adds new tower on Al Reem island
Damac Properties, a leading property developer in the region, is adding a new tower to Al Reem Island in Abu Dhabi, with its Marina Bay development reaching the 7th floor.
UAE developer Aldar to return to profit in 2011
Indebted developer Aldar Properties does not foresee any further impairments on its property portfolio in the near future, and will return to profit in 2011, the company's top official said on Sunday.
Abu Dhabi real estate quality ‘set to improve’
Abu Dhabi’s real estate market is entering a new phase marked by enhanced supply quality and increasingly value-conscious demand, a report said.
New rules to boost Abu Dhabi property market
The new regulations in Abu Dhabi real estate sector including compulsory registration of all leases covering residential; commercial and industrial property is good for both tenants and landlords, said legal experts DLA Piper.

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