dubai developments: International City
- 08/28/07 06:29 PM
A cosmopolitan environment is what Dubai promotes and International City is a development that does the same. A concept from Dubai’s largest developer Nakheel, International City is a freehold apartment project that represents the lifestyles and architecture of nine distinct regions in the world, while also offering freehold properties at affordable prices.
International City consists of nine different regions: Persia, Greece, Spain, Morocco, England, France, Italy, Russia and China. Each of these regions is made up of buildings that are designed to reflect the cultural heritage and architectural designs of each country. With such a wide spectrum of choice, buyers (2 comments)
dubai developments: Dubai property is going green
- 08/20/07 10:20 PM
In a move that some may consider long overdue, Dubai is becoming environmentally friendly, and in the real estate sector no less! Some recently announced freehold developments that have both commercial and residential use are planning to be as energy efficient as possible, by utilizing the most pollution reducing methods to power the projects. At the moment, these environmentally friendly developments include Iris Bay and Lighthouse Tower, both part of the Business Bay development, Time Residence which will be located in the City of Arabia, and the Dubiotech and Empark complexes. I'm excited to see how the results turn out, given (1 comments)
dubai developments: KM Properties registers under new law
- 08/15/07 08:28 PM
KM Properties, a branch of KM Holding group has confirmed that it has registered with the Dubai Land Department under the new property law that requires developers to register for Escrow accounts. Law no. 8 this year requires that developers set up an escrow or trust account with a Land Department registered bank for all projects that are under development or due to start construction. This rule is aimed at promoting a higher degree of transparency within the Dubai property market by preventing developers from accessing buyers money until stages of the projects are completed. Sultan Bin Butti Mejren, the director of (0 comments)