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Wednesday, 22 October 2008

Super-rich snap up Al Barari properties EXCLUSIVE: $6.4bn luxury residential development has 'more billionaires than anywhere in world'.
RAK plans $5bn economic city in India Investment arm of RAK to build business centre in Hyderabad to expand abroad.
Sorouh Real Estate triples Q3 net profit UPDATE 1: Abu Dhabi-based property company says Q4 should be just as strong.
Emaar Properties Q3 profits fall by 3.8% UPDATE 1: Developer posts net profit of $408mn after taking writedown relating to US unit.
Real estate chiefs dismiss 'correction' reports Property companies says Gulf, and UAE in particular, is still good place to invest.
First Dubai posts 1,130% profit rise Real estate company says profits for 2008 so far hit $130mn, compared to $10mn previous year.
Saudi developer Al-Oula to raise $800mn via sukuk Two-year timetable to obtain credit rating and finance expansion plans.
Bahrain $265mn IPO to go ahead despite crunch Developer Naseej to seek funds from market in Nov., says business model unchanged.
Nakheel may scale back land reclamation Developer looks to cut costs, but says no need for external financing until 2010.
New real estate laws in pipeline for Abu Dhabi EXCLUSIVE: Municipality in talks over radical shake-up to property market.

Latest Reader Comments

Emirates Islamic Bank may buy Dubai Bank, Amlak - report
Dubai Man: I am not quite in the situation of Dubai Man but my Abu Dhabi property in Al Reef Downtown should be worth at least slightly more than the original pr... Original Joe from Dubai, 03 October 2010, 13:35:26 ( UAE Time )

Emirates Islamic Bank may buy Dubai Bank, Amlak - report
time will tell: dear John , actually i am refereing to market price Only , it's all on demand and availibility of funds , the reality i owe them less than a million a... dubai man from dubai, 03 October 2010, 13:19:46 ( UAE Time )

Emirates Islamic Bank may buy Dubai Bank, Amlak - report
Worth what someone will pay for it: Sadly, Dubai Man, your house is only worth what someone will pay for it, so don't kid yourself about its value. But since you were in early, Amlak is ... John from London, 03 October 2010, 13:09:18 ( UAE Time )

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