| Video Reports |
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Union Properties builds affordable and eco-friendly communities |
| Handing over the units and creating a community for the residents is the focus for Union Properties this quarter before announcing anything new. |
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Mazaya showing support for the city of Dubai |
| Kuwaiti real estate company has turned its focus towards leasing its units in the United Arab Emirates. Mazaya started its property business from Dubai and wants to be supportive of the city through the economic slowdown. |
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Lower cost of construction for City of Arabia |
| The USD 5bn mixed-use destination, City of Arabia, is still on track despite facing some delays due to the economic slump. |
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Manazel reiterates dependability |
| The middle and low income budget property developers- Manazel is keen to show their investors that they are very much in the market and the projects will be delivered. |
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TDIC shaping up Abu Dhabi |
| Tourism Development and Investment Company (TDIC) is involved in many projects in the UAE capital, Abu Dhabi, including the cultural district. The museums are on track and new announcements are also expected in the near future. |
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Injaz looks out for investors |
| Saudi Arabian Developer Injaz takes part in Cityscape Dubai as the company sees in Dubai a lucrative market and the right place to attract investors. |
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Dubai World Central sees a fourth year of Cityscape |
| The massive infrastructure project launched by Dubai World central is on track and their participation in Cityscape creates awareness about the project. |
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Emaar all set for Burj Dubai opening in December |
| Emaar is present in Cityscape this year to highlight mainly the project the company delivered recently. Ahemd Al-Matrooshi, Managing Director for the UAE, announced the company is opening Burj Dubai officially this December. |
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Niche project by Waha Capital |
| Waha Land Development is taking the Abu Dhabi initiative a step further by creating an industrial niche project in Abu Dhabi. Launched in April 2009, the developers are confident they will meet their completion schedule. |
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Delivery is the focus for Aldar in Cityscape |
| Aldar Properties is finding in Cityscape Dubai this year an opportunity to confirm the delivery of its projects, including the Yas Marina Circuit. The developer has also come up with some unique promotions during the event. |
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Cityscape Dubai 2009 challenges the crisis |
| The Dubai property market is seeing a new trend of selling property through auctions. Auctions taking place so far did create awareness among residents of Dubai but haven't met their sales targets. Mohanad Al Wadiya, Managing Director of Harbor Real Estate Brokerage, tells alrroya.com if the market is ready for such a trend. |
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Property auctions open up in Dubai |
| The Dubai property market is seeing a new trend of selling property through auctions. Auctions taking place so far did create awareness among residents of Dubai but haven't met their sales targets. Mohanad Al Wadiya, Managing Director of Harbor Real Estate Brokerage, tells alrroya.com if the market is ready for such a trend. |
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An exciting time for National Holding |
| As a privately owned investment company, National Holding, is going through an exciting time. Representing five major sectors including finance, property, petrochemicals, industrial and general trading the Abu Dhabi based company has recently announced plans to build a new headquarters next to the National Exhibition Centre, which it hopes will create synergy through its group. |
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National Holding launches 3 years plan to boost its capital |
| Rebranding the company into a more recognisable name earlier this and with billions of dollars at its disposal, National Holding has now launched a five year plan to boost its capital and human resources. Over the next five years it aims to create factories and employment opportunities in an effort to continue its 30 per cent year-on-year growth. |
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National Holding was not immune in the face of the downturn |
| With an economic crisis sweeping the globe, National Holding was not immune to its effects and certain areas of the group were affected. However, despite facing a volatile market COO Constantin Salameh says that this was a major catalyst for change. Salameh adds that it was a chance for the company to sit down and look at its investment priorities and to seek at new opportunities. |
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U.S. housing still hurting |
| Home prices fell at a slower rate in the second quarter compared to a year ago, but the persistent high level of "underwater" mortgages was a troubling sign, according to a private update. |
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Real estate gains |
| Preliminary details from the most accurate and up-to-date analysis yet of the impact of the global slowdown on the real estate industry in the Arabian Gulf are published today ahead of next month's Cityscape Dubai. |
