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www.Tijan.Com Newsletter 115Date: November 2005
$500 million Dubai Towers to be built in Istanbul Hot Properties
Villas
New Development
2 Story Villa Spanish Style
Living, Dining, Visitors,
5 B / R+ Maids R, Balcony + S / P+ Central A/C, 2 Cars Parking Landscaped g=
arden Occupation: 2007
80% Finance Available Selling Price 2,246,000
Dubai Marina
Freehold Marina Villa=20
2 Story + Roof + Basement
Living, Dining, Visitors,
3 B/R En-Suite + Maids r, 2.Balcony, Central A\ C 2.CarsParking - Rear Terr=
ace=20
Ready?!!! Direct Marina View
You Must See (Keys with me)
Total Area: 5,770 Sq. Ft
Selling Price AED 5,750,000
Apartments
Marina Tower @ Dubai Marina
1 B \ R Apt. Area: 708 Sq. Ft.
Selling Price: AED 541,620
2 B \ R Apt. Area: 1085 Sq Ft.
7 instalment, Deliv 2007
Selling Price: AED 834,680
Lands \ Plots=20
Residential Bldg. G + 8 Story
Location: Beside Center
Land Size: 55,540 Sq. Ft
Selling Price: Dhs. 225 / Sq Ft
Transfer Fees: Dhs. 2,5 Sq.Ft
Offices
@ Jumeirah Lake Towers
Open Space + bath + Balcony
Area: 976 Sq. Ft.
View: Corner Full Lake View
Selling Price: Dhs. 722,000
Possession: November 2006
Warehouses
Freehold insulated Warehouse @ Storage City
Built-up Area: 7,198 Sq. Ft
Height: 8.5 meters
Completion: March 2007
Selling Price: AED 1,871,480
Dubai International Properties, a Dubai Holding subsidiary, and the Istanbu=
l Metropolitan Municipality have unveiled plans to build a multi-use tower =
complex in Turkey's commercial city of Istanbul.
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Emaar Eighth Gate to set new standards=20
Emaar Properties' landmark developments in Damascus mark an exciting new ch=
apter in the history of the world's oldest city, said Syrian Deputy Prime M=
inister Abdulla Al Dardari.=20
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Palm Jumeirah confirms 25 hotel developments=20
It is planning to eventually host 30 hotels. This comes despite problems w=
ith reclamation and preparation of the land, which was scheduled to be hand=
ed over to developers months ago.
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Dubai property developers upbeat=20=20
Property developers expect strong demand to boost real estate prices furthe=
r in Dubai in the next two years but bankers warn the market has peaked ami=
d a construction boom.
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Pegasus acquires DSO land for $8.2m=20=20
Dubai-based Pegasus Realty today announced acquisition of commercial proper=
ty at Dubai Silicon Oasis (DSO) through a single transaction valued at Dh30=
million ($8.2 million), strongly indicating bright prospects of commercial=
real estate in Dubai and the region.
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Emaar wins Euromoney award=20
Emaar Properties, claimed to be the world's No 1 real estate developer in t=
erms of market capitalisation, has been announced as a winner in the first =
Real Estate Awards announced by leading financial magazine Euromone
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Emirates Bank offers Shari=92a compliant Real Estate Fund=20
Prudent property investments have, over time, proved to be an important cre=
ator of wealth. Property is the one asset class which can provide a contrac=
tual income stream plus the capacity for income to grow at intermittent lev=
els by way of upward rent reviews.
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Miscellaneous News=20
Kuwait: Kuwait group invests in Business Bay=20
UAE: Rent rises 23pc for typical Dubai apartment
UK: Habtoorland puts expansion on hold=20
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