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Apartment, Marina Blue Tower, Al Reem Island
AED 1,611,203.00
Apartment, Icon Tower I & II, Jumeirah Lakes Tower
AED 70,000.00
Studio, Hydra Avenue Tower, Al Reem Island
AED 1,265,190.80
Office, Al Reem Island, Abu Dhabi
AED 2,294,023.68
Apartment, JBR B04-T02 ( Amwaj 4), Jumeirah Beach Residence
AED 120,000.00
Apartment, JBR B07-T03 (Rimal 5), Jumeirah Beach Residence
AED 3,744,000.00
Townhouse, Hydra Village, Hydra Village
AED 832,000.00
Office, Indigo Tower (D1), Jumeirah Lakes Tower
AED 884,000.00
Apartment, Al Jaz, The Greens
AED 175,000.00
Penthouse, The Executive Towers, Business Bay
AED 270,000.00
Studio, Mediterranean, Discovery Garden
AED 38,000.00
Shop, Persia Cluster, International City
AED 244,487.36
Shop, Morocco Cluster, International City
AED 244,483.20
Office, The Executive Towers, Business Bay
AED 2,294,500.00
Apartment, Al Reef Downtown, Al Reef Villas
AED 1,092,000.00
Apartment, The Executive Towers, Business Bay
AED 1,180,660.00
Apartment, The Executive Towers, Business Bay
AED 1,180,660.00
Penthouse, The Executive Towers, Business Bay
AED 7,280,000.00
Office, The Executive Towers, Business Bay
AED 1,791,100.00
Office, The Executive Towers, Business Bay
AED 2,069,184.00
23 Marina
23 Marina reaches 58th floor     '23 Marina', the luxurious residential tower at the... read more»
AL FATTAN PALM RES.
Amidst the splendour of Palm Jumeirah lies the Jumeirah Al Fattan Palm Resort & Spa. This retreat of... read more»
For Sale

Construction works start on private projects at The World, says Nakheel
January 29, 2010
Master developer Nakheel confirmed the start of construction of a second project on its off-shore island development, The World yesterday.

The confirmation came after European developer Major Trade announced it had commenced work on its island project.

“Initial ground works have started which include soil testing and reclaiming of the island plot, and vibro-compaction is due to begin in February 2010,” the company said.

Late last month, the Kleindienst Group said it would start construction on its Germany Island – part of its Dh3.1 billion Heart of Europe development.

Emirates Business had reported on October 19, 2009 that construction would begin on The World in this quarter.

Marwan Al Qamzi, Group Managing Director of Nakheel, said: “The World continues to be recognised by developers as a very attractive project given its differentiated offering and its close proximity and accessibility to emerging markets. A long-term business plan is in place and we are pleased to see construction on several islands starting in the coming months.”

Major Trade has engaged Arabian architectural and cladding specialist Arabian Profile Company Limited and Canadian Gulf Construction to carry out construction works on the development. The logistics for the project will function out of The World Construction Logistics Port located at Mina Rashid, which is operated by Penguin Marine Boats Services.

Viktor Herceg, Managing Director of Major Trade, said: “We are delighted to have begun developing our island already and also upon completion of the project we are confident that there will be high demand for our luxury residences. We are fully committed to this project and are grateful for the support of Nakheel as we work to create our first island development.”

The island is located at the tip of the “Greenland” area of The World and plans for the island include a modern residential villa development and a luxury boutique hotel.

Major Trade is the real estate development investment arm and special purpose vehicle for a medium-size European residential real estate developer, specially assigned for luxury, high-end developments in Dubai.

Work will begin on as many as 20 islands this year, the master developer had told Emirates Business in October. Buyers have revised initial designs to factor changes in the economy and are now set to progress with construction of properties.
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Dubai Land Department launches online registration
Dubai's Land Department has announced the launch of new services including an immediate online registration procedure. The new registration process will allow property transactions to be completed securely and promptly. "By offering real estate buyers, investors and professionals procedures which are quick, simple, connected and allow instant access to on the spot reports we are giving them the confidence and assurance they need to invest in Dubai property,' said Sultan Bin Butti Bin... read more»
The impossible transformed into reality
The biggest challenge during the building of the Burj Khalifa was to exercise caution, according to Mohamed Alabbar, Chairman of developer Emaar Properties. "You think of an idea and you get the best brains to get it done," he told Emirates Business. "The biggest challenge then is that you have to fight yourself to be cautious all the time, especially considering the size of the building. It is a global icon and a symbol of the city and you have to be cautious and not take anything... read more»
Properties that will stretch vertical limit
With a year that saw some hospitality heavyweights facing construction delays, tight financing and cancelled projects, 2010 is ushering in renewed hope to the industry. Burj Khalifa's Armani Hotel, which opens on March 18, is one of the many iconic hotel properties in the UAE that will stretch the vertical limits of the country, changing its landscape to embrace the hotels market with flair and investments. Emirates Business lines up the top hotel properties to open doors this... read more»
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