A new five-year plan has been unveiled by the Abu Dhabi Executive Council to boost foreign investment and confidence in the real estate market. The strategy focuses on the development of Abu Dhabi as a city and export activity outside of oil as well as property construction in the burgeoning area. It arrives as part of guidance behind the United Arab Emirates' plans to commit $275 billion on infrastructure and real estate projects. According to the strategy, the main aim is to achieve prosperity for citizens and expatriates, and to make Abu Dhabi a better place for residents and tourists. "Opening up the economy, achieving sustainable economic growth and turn Abu Dhabi into a globally attractive investment, economic and tourism centre" are all aims for the government departments which will be regularly monitored by the council. Meanwhile, last week Reem Finance received regulatory approval from the UAE Central Bank and Ministry of Economy and joined the 23 other finance lenders operating within the real estate market.
Five-year real estate plan announced by Abu Dhabi
Breaking News "Russian Developer Showcasing Project in Abu Dhabi"
A project worth $3.5 billion destined for Moscow from Russian developer Metropol is to be showcased at Cityscape Abu Dhabi next month.
Based on environmentally-friendly technology from Japan's leading architect firm Nikken Sekkei, the 'city-within-a-city' development will be built three kilometres from the Kremlin.
Dr Mikhail Slipenchuk, founder and chief executive officer of the Metropol Group, said the fact that his firm had chosen to showcase the project at the event was indicative of the current real estate market.
"With so many iconic and truly unique projects being realised here in the Middle East we took the view that the UAE is an ideal location for us to seek development and investment partners," he stated.
According to developers, the project will consist of ten buildings connected by green spaces with a tower 364 metres tall in its centre.
The building will consist of residential, office and commercial space.
Meanwhile, Dubai-based developer, Azizi Investments has entered into agreements with three consulting companies to progress work on projects at Al Furjan and Palm Jebel Ali
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Real Estate "Dubai Cityscape 2007"
Real Estate Project Exhibition. For more information www.pakistanhousing.pk
Real Estate News "Goldcrest Dreams 2"
Ultra modern residential towers
3 year rental guarantee at 8% per annum
5 year interest-free payment plan from Goldcrest
Installments starting from AED 1,999/- pm
Actual 100% ownership + UAE residence visa
Choice of one and two bedroom units
G+4 parking -- 25 floors
Lakes, waterways and foundations
Landscaped gardens, swimming pools
Playground area, security systems
Satellite TV
Shopping mall
This lovely emirate of the United Arab Emirates offers its residents nothing less than a haven to unwind. Its laid back approach to life is a far cry from the loud and maddening pace of big cities.
Known for its diving sites and rolling sand dunes, Ajman has grown into an ideal residential sanctuary for people seeking the best of both worlds. Ajman has moved up in the real estate sector because it is the only emirate that currently offers its residents the opportunity to actually own property. Owners have their title deeds registered under their own names in the Lands Department, which simultaneously provides them with UAE residence visa.
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Real Estate News "Giga Group Profile"
Real Estate News
Giga Group was founded, in 1956, by Haji Abdul Rahim Giga. Then, half a century ago, the enterprise humbly ventured into the textile industry and trading business in Dubai, United Arab Emirates. The rest was entrepreneurial history in the making.
Today the Giga Group is an independent parent organization. It nurtures a diversified set of companies, through a portfolio of industries, under the guidance and supervision of its Chairman Haji Muhammad Rafiq Giga.
As a Giga Group entity our reputation is our greatest asset, efficiently built upon our brand essence -- innovation, quality, and value. "We will achieve our objectives by mobilizing our local resources, fiscal strength and international networks." Needless to mention... our primary belief rests on the idea that success is achieved through the clear understanding of our clients' needs and demands. Only to provide them with effective and satisfying solutions.
Above all... being a conscious member of an international society, we actively participate, at any given opportunity, to the cause of social well-being. Towards a better world.
Real Estate News "Goldcrest DHA Islamabad"
Real Estate News
Built against the breathtaking backdrop of Margalla Hills, Islamabad has the distinction of being Pakistan's most well organized city. Its systematically planned infrastructure designed to the needs of a growing population, along with its scenic beauty and pollution free environment are some of Islamabad's most attractive features. At a fifteen-minute drive from the air port, right on main Sheikh Zayed Bin Sultan Road, previously GT road, Goldcrest is situated against the scenic splendor of Phase II, DHA, ISB.
One of ISB's newer areas, DHA Phase II has been planned to provide all the latest amenities such as underground power and telephone cabling, broad streets with an efficient drainage and sewage system, and a direct link to the Motorway, which will cut down commuting time and facilitate access for both residents and visitors.
Estate amenities include a mosque, school, day-care centre, and hospital so all your day-to-day needs are well taken care off. Two clubhouses with food courts and laundry service help you minimize your domestic chores. A community centre, a bowling alley, and a fully fitted gym with swimming pool, sauna, and Jacuzzi are some of the added pleasures of living in Goldcrest, DHA, and Islamabad. The swimming pool is located in a screened courtyard so you can enjoy your swim in peace and privacy.
DHA Phase VIII development to be completed by 2011
Phase VIII of Defense Housing Authority (DHA) will take another three years to develop, Daily Times has learnt.
"The improvement of roads, construction of new roads, new sewerage lines, water supply lines, water reservoirs and KESC lines are all in progress and we hope that the entire phase will be fully developed by 2011," informed the resident engineer (RE) for roads from consultants Osmani & Co. He said that they were working on DHA Phase-VIII only, as the development of this phase was not included in the DHA master plan.
The construction of new roads was carried out at an estimated Rs 2.07 billion, while improvements cost Rs 97 million. The contractor for this project is the National Logistics Cell (NLC), and the contractors who are installing water supply lines and water reservoirs are J-China and the RMG Company.
These changes come after a long delay. A DHA official told Daily Times that DHA Karachi announced its plan to develop Phase VIII in the late 1980s. "Phase-VIII is mainly made up of reclaimed land and covers an area of over 4,000 acres, which is approximately 50 percent of the entire DHA Karachi," he said.
According to him, Phase VIII has been called the single largest development being undertaken in Pakistan in terms of size and foreign investment. "DHA is currently in talks with several foreign builders to bring in their expertise and develop the lucrative coastline," said a DHA official.
"It was only in 1994 that the DHA began allotting plots to army officers and gave permission for the construction in its first three belts. The first plots were sold for just below Rs 600,000 in 1994," the official revealed. Furthermore, all residential and commercial plots in DHA Phase VIII are now owned by the private sector and permission for construction has only been granted for a portion of the phase. As a result of the property boom that began in 2001, property prices in Phase VIII have risen over 1,000 percent since 1994, said the resident engineer of Osmani & Co.
Moreover, major investment by foreign firms has contributed to Phase VIII; the building for the golf club was developed by Malaysian firm Sysmax, and the six-star residential project Creek Marina by Singaporean firm, Meinhardt. Furthermore, Emaar Pakistan, a subsidiary of Emaar UAE, launched the 100-acre project, Crescent Bay, with an investment of 2.4 billion US dollars within DHA Phase VIII and in close proximity to the DHA golf course.
Real Estate From World Real Estate, The Free Encyclopedia
Real estate is a legal term (in some jurisdictions, notably in the USA) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location.[1] Real estate is often considered synonymous with real propertyrealty), in contrast with (also sometimes called personal property (also sometimes called chattelpersonalty). However, in some situations the term "real estate" refers to the land and or fixtures together, as distinguished from "real property," referring to ownership rights of the land itself.
The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.
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Real Estate News "Lahore Cantt House Spring 2003 "Ami's"
Real Estate News "A Beautiful view of Ami's Lahore Home"
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Real Estate News "New Home For Sale in Deep Creek, Fl - Lahore Ln"
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Impress your senses. Indulge in 6.2 acres of architecture that's much ahead of its time. A spectacular project steadily rising into the Islamabad skies. Welcome to Platinum Square. A spectacular project featuring five mesmerising business towers, a magnificent shopping mall . The ultimate destination where international business, luxurious brands, fabulous amenities and world-class hospitality come together. Moreover, the Platinum Square is a ensure that's being developed by Al Ghurair Giga Pakistan Private Limited. An organisation with impeccable reputation that has been the driving force behind celebrated developments around the world. Come and experience the magic of a platinum lifestyle. Come and experience Platinum Square. ISLAMABAD'S
The overall development is called DHA Phase II and is adjacent to the existing DHA Phase I on the other side of Sheikh Zayed Bin Sultan Road, a major artery which links Islamabad and Rawalpindi, Peshawar and Lahore. The other major road bordering the site is the Islamabad Highway linking the DHA Phase II to the Islamabad International Airport. Like the city of Islamabad itself, this is a planned community township. The township provides a variety of housing and ommercial projects in a secure environment with ample recreational, social and institutional amenities to ensure a vibrant and self-supporting community for the 21st century. For Further Infoamation Please login to www.victoriahousing.pk
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Dubai Real Estate "The Princess Tower (Dubai Marina) "
The Princess Tower, also referred to as Al Ameera Tower, is being built as one of the many free hold towers located at the Dubai Marina, which is opposite to the Jumeirah Lake Towers and next to the American University of Dubai. It is located on the same side of the marina as the Dubai Marina Towers and in close vicinity to The Torch Tower.
The Princess Tower will occupy 37,410 square feet (3,476 square meters), rising to over a height of 400 meters (1,312 feet). It has made the claim to be the world's tallest residential building, with a total of 100 storeys. It will contain 750 luxury residential apartment units of two, three, four bedrooms, along with duplex villas and penthouses.
Amenities at The Princess Tower include swimming pools, a gymnasium, a children’s day care nursery, a sauna club, a prayers area and a private car parking area for each resident in addition to a luxurious reception area.
Expected Completion Date - 2009
Real Estate Developer - Tameer [Tameer Projects]
Location - Dubai, United Arab Emirates
Dubai Real Estate "Elite Residence (Dubai Marina) "
Elite Residence, which has replaced the Najd Tower, is being built as one of the many freehold residential towers located at the Dubai Marina, which is opposite to the Jumeirah Lake Towers and next to the Dubai Media City. The tower will be located between the Le Reve and Marina Crown.
Elite Residence will be a 91-floor tower with 76 floors of residential apartments, 4 parking floors, 4 basement floors, and two floors of health club. The AED 1 billion (USD 272 million) development will have a total of 695 units in the form of 1, 2, 3 and 4 bedroom apartments from 924 to 7,188 square feet (88 to 668 square meters). The top floor of the tower will be occupied by a 14,402 square foot (1,338 square meter) 5-bedroom villa.
Amenities at Elite Residence include swimming pools, gymnasium, children's day care nursery, health spa, smart home enabled units, and a business centre.
Expected Completion Date - 2010
Real Estate Developer
Tameer [Tameer Projects]
Location
Dubai Marina, Dubai, United Arab Emirates
