March 3, 2005
The total value of land transactions in Dubai last week amounted to Dh485.8 million, of which sales exceeded Dh454 million. The total value of mortgages during the period was Dh32.26 million, accordin
Emaar Properties has revised the dividend proposals made earlier by the company to 13 per cent cash dividend and 7 per cent stock dividend.
Dubai Festival City will invite tenders for the construction of a Dh700 million hotel to be managed by the Four Seasons Hotel group, officials said. According to Gulf News, work on the Four Seasons Ho
Emaar Properties has launched two new additions to its golf community portfolio, offering investors exclusive golf homes designed on two of Dubai's finest golf courses.
March 2, 2005
Emirates Post is likely to become a global entity, operating a fleet of aircraft to handle its international courier service, said its top official, Abdullah Al Daboos. The company also has plans rega
The share register of ALDAR Properties will be opened from March 5-9 for the registration of all those investors who have bought company's shares from successful subscribers of the IPO.
According to Al-Bayan newspaper, the UAE's largest property management company, Asteco Property Management LLC Dubai, started to destroy the World Trade Center Hotel to build in its place the World Tr
More than 70 dilapidated houses in the old city of Ras Al Khaimah and 40 of them in Al Muaireed will be razed once a field survey is completed. According to Gulf News, the Ras Al Khaimah Municipality
Damac Properties has sold all retail space in its Marina Terrace project for Dh40 million to MB International Holdings, company officials said.
AUDI AG has announced the establishment of its own importer company for the Near and Middle East sales region in Dubai.
The Kuwait-based Mazaya Real Estate is investing Dh1.2 billion in the Dubai property market by developing 'Mazaya Villas' along the Emirates Road, near the Global Village complex, said Khaleed Esbaita