Gowealthy Real Estate News

Abu Dhabi to have world's largest sewage network tunnel system in next five years

Thu, 15 May 2008 00:00:00 +0400

Abu Dhabi Water and Electricity Authority (Adwea) announced that it will establish the world's largest sewage network tunnel system in the UAE's capital city.

B&G Hotels and Resorts flags off Palm Jumeirah's first realty project, Royal Club

Thu, 15 May 2008 00:00:00 +0400

B&G Hotels and Resorts, a leading hotel management company in the Middle East, has announced that it has started operating the first managed hotel apartments, Royal Club, on The Palm Jumeirah, a renowned real estate project in the UAE, during the recently concluded Arabian Travel Market (ATM) 2008 in Dubai.

Dh312 million city development project launched in Al Ain, UAE

Thu, 15 May 2008 00:00:00 +0400

Al Ain, the city within emirates of Abu Dhabi, UAE has revealed plans to develop its town centre at a cost of Dh312 million to revamp the city and will call the new development as - Al Ain, A Pedestrian-Friendly City.

ADNEC to develop Dh3.5 billion Al Ain Convention Centre and District

Thu, 15 May 2008 00:00:00 +0400

Abu Dhabi National Exhibitions Company (ADNEC) has unveiled the plans for a proposed Dh3.5 billion business and residential development to be built around a state-of-the art convention centre, hotel and cultural centre in Al Ain, UAE.

Abu Dhabi faces realty shortage, to ease within next three years

Thu, 15 May 2008 00:00:00 +0400

Availability of nearly 27,000 residential real estate units till 2010 might not help meet Abu Dhabi's burgeoning demand for housing, which at 100,000 units is more than three times - a factor that is bound to push housing prices up, according to a latest report.

Bawadi unveils infrastructure and transportation master plan

Thu, 15 May 2008 00:00:00 +0400

Bawadi, the world's largest hospitality and retail destination in Dubai and a member of real estate developer Tatweer, has disclosed its master plans for infrastructure development and internal transportation for the Dh200 billion hospitality project.

ALDAR to launch $1bn real estate fund for expansion plans

Thu, 15 May 2008 00:00:00 +0400

ALDAR Properties, A leading real estate developer in Abu Dhabi, plans to launch a $1 billion realty fund next year and is looking at acquisitions in the US and Europe, its CEO said.

ALDAR starts work on its island resort realty development in Abu Dhabi

Thu, 15 May 2008 00:00:00 +0400

ALDAR Properties, a leading real estate developer in Abu Dhabi, has announced the completion of land reclamation and dredging for Coconut Island, premier island resort master development located off the west coast of Abu Dhabi.

Dubailand finalizes master plan for Marvel Superheroes realty project

Wed, 14 May 2008 00:00:00 +0400

Dubailand, a member of Tatweer, a leading real estate developer in the UAE, announced the finalization of the design and conceptual master plan for the world's first ever Marvel Superheroes theme park that will be constructed with investments of Dh3.3 billion as a key anchor project at the Dubai's largest leisure, tourism and entertainment hub.

Cityscape Abu Dhabi to conclude on Friday, May 16, 2008

Wed, 14 May 2008 00:00:00 +0400

Cityscape Abu Dhabi was inaugurated by HH Sheikh Mohammed bin Zayed Al Nayhan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces at the Abu Dhabi National Exhibition Centre.