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business / International Real Estate

Second phase of Al Ain Industrial City opens
The second phase of the Al Ain Industrial City was opened on Sunday. A 10-square kilometre site situated in the Madina Sanaya district, the Industrial City provides 300 mixed industrial and commercial plots.
ameinfo.com Monday, January 12, 2009

Ajmal launches property venture
The Dubai-based Ajmal group has launched Ajmal real estate, with an asset value of over Dhs200m. Ajmal real estate is involved in the development of projects in the UAE and developments in India including Ajmal Sarah Tower apartment building in Dubailand. Further projects include residential developments in Jebel Ali and International City.
ameinfo.com Monday, January 12, 2009

Rents cool off in Dubai, Abu Dhbai
The average cost of renting a one-bedroom apartment in Dubai rose by just four per cent last year and did not rise at all in the last three months, according to a new report by UAE-based property services firm Asteco, cited by The National. In Abu Dhabi, rents for units with two or three bedrooms also levelled off, although demand for smaller, less expensive homes pushed up prices for one-bedroom flats, the report said.
ameinfo.com Monday, January 12, 2009


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