UAE Property Investment Forum

Abu Dhabi Property The Abu Dhabi property market came into the limelight when the Abu Dhabi government issued a law allowing foreigners 99 years leasehold ownership of select projects in the Emirate. Prior to this law, property ownership was restricted to locals and that too, within a select few. Abu Dhabi has announced a number of large scale projects, some even grander than those in Dubai. Al Dar Properties was the first company in Abu Dhabi to announce projects that allowed foreign ownership. Do you think Abu Dhabi will be as successful as Dubai? What kind of returns can investors expect in this market? Have you invested yourself in Abu Dhabi? Open up your suggestions and views here.

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darren Offline
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Default NOOR AL AIN (Al Ain) - 30-03-2007, 09:50 AM

Aldar Properties has undertaken a Dh2 billion mixed-use integrated complex, Noor Al Ain, that would emerge on the existing Al Jimi Mall to offer modern residential, shopping, and leisure facilities to the residents.

The development of the project will be based on the popular styles of multi-function shopping areas found at Sydney's Darling Harbour and Brisbane's South Bank, with a modern twist of Arabia.

Construction is already under way and investors are open to purchase residential space, and retailers to lease with the development.

Noor Al Ain will cover about 177,900 square metres of land, situated between Bin Hamdan and Mubarak Streets.
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bryson99z1 Offline
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Default Re: NOOR AL AIN (Al Ain) - 30-03-2007, 10:25 AM

1. I am very disappointed in this...

I remember vivedly how Sheikh Zayed (may he rest in peace) was very much against having any construction in al ain of any building that was over 5 floors high; he didn’t want anything to ruin the beautiful image of al ain with its date trees, and the oasis and the mountains..

..now, this gets designed. For shame, al ain. For shame.
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