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Middle East Real Estate News
Newsletter from Eqarat.com
Issue No 349 - July 25, 2011
Dubai SME launches ‘smart home’ solutions
e-Home Automation, a member of Dubai SME, the agency of the Department of Economic Development (DED) in Dubai, has launched an innovative “smart homes” product range.
UAE claims 20pc of GCC real estate market
The UAE represents more than 20 per cent of the $689 billion of building projects in the planning and design stage within the GCC, said the organisers of a major business-to-business real estate event in Dubai.
Handover of Al Zeina homes begins
Aldar Properties said on Monday that hand-over to homeowners has commenced at the beachfront Al Zeina residential development in its Al Raha Beach project.
Triveni opens La Fontana
Dubai-based developer Triveni Builders and Promoters, a wholly-owned company of the Triveni Trading Group, recently hosted a special ceremony to celebrate the opening of its Dh80 million ($21.78 million) La Fontana di Trevi residential development in Arjan.
Sakana completes phase 1 of housing project
Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider, announced that Phase 1 of Sakana Busaiteen housing project comprising of five 3-storey buildings are completed.
Dubai house prices 'set to fall 10pc more'
Dubai's housing market still has nearly a third too much supply and prices will plummet by another 10 percent, deepening a three-year rout to nearly 60 percent from its peak, a Reuters poll showed on Wednesday.

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