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Sorouh Real Estate
Sorouh Real Estate PJSC of Abu Dhabi was one of the largest real estate developers in the UAE with over AED 70 billion (US$19 billion) worth of projects under development. In June 2013, it merged with Aldar Properties. Sorouh developed commercial and residential properties. The master developments associated with Sorouh included Shams Abu Dhabi, Alghadeer, Lulu Island, and Saraya. Sorouh also developed entire residential communities, including Golf Gardens, Khalidiya Village, Sas Al Nakhl Village and Al Oyoun Village. With Tala Tower they also had a single building in their portfolio, a 49-floor apartment building in the Marina Square area of Al Reem Island Reem Island ( ar, جزيرة الريم) is a natural island located 600 metres off the coast of Abu Dhabi island. It is a mixed purpose community with both residential, retail and commercial units. Development Sorouh Real Estate, now merged w .... References External links Sorouh Real Estate Companies based in A ...
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Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area. The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country. , Abu Dhabi's urban area had an estimated population of 1.5 million, out of 2.9 million in the emirate of Abu Dhabi, as of 2016. The Abu Dhabi Investment Authority is headquartered in the city, and was the world's 5th largest sovereign wealth fund in 2021. Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various sovereign wealth funds headquartered there. Abu Dhabi houses local and federal government offices and is the home of the United Arab Emirates Government and the Supreme Petroleum C ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Aldar Properties
Aldar Properties PJSC (شركة الدار العقارية ''Sharikah al-Dār al-`Iqāriyyah'') is a real estate development, management and investment company with headquarters in Abu Dhabi, United Arab Emirates. The company's shares are traded on the Abu Dhabi Securities Exchange. Aldar develops and manages major projects within the Abu Dhabi Emirate such as Al Raha Beach, Al Raha Gardens and Yas Island, which includes the Yas Marina Circuit, Ferrari World and Yas Hotel Abu Dhabi. Aldar introduced their new project “Lea” located in the north side of the Yas Island having a collection of Residential Land. Lea at Yas Island offers waterfront living alongside parks, promenade and waterside walkways in addition access to all of Yas Acres amenities. The property portfolio further includes the company's headquarters, Gate and Arc Towers in Al Reem Island, Coconut Island, the Abu Dhabi Central Market ( Souq), Al Jimi Shopping Centre, Noor Al Ain, Al Gurm Resort, and Al Mamoura ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Shams Abu Dhabi
The Shams Abu Dhabi project will be developed on Reem Island in Abu Dhabi by Sorouh Real Estate and occupy approximately 25% of the island. It will occupy , of which 90% will be dedicated to residential buildings and has a potential of developing 22,000 residential units which will house around 100,000 people whereas the rest will be available for commercial use and recreational facilities. The entrance will be marked by ''The Gate Shams Abu Dhabi'', which consists of 8 buildings. It will also contain one of the largest parks in the UAE covering an area of . It will be linked to mainland Abu Dhabi by two bridges. It was developed in numerous phases and the first phase was expected to be completed by 2009 and the whole project by 2011. The Gate Sky Tower in Shams Abu Dhabi development from Sorouh Real Estate, is a tall super-tall skyscraper with 83 floors in Abu Dhabi, United Arab Emirates. It includes offices and residential complexes that are able to hold thousands of people.h ...
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Alghadeer
Alghadeer is a property development on the eastern border of the Emirate of Abu Dhabi, on the border between the city and Dubai. It is part of the wider Saih Al Sidirah development. It is to be a fully self-contained community. The community includes a mosque, retail space, parks and an international school. It was launched in October 2007 by Sorouh Real Estate Sorouh Real Estate PJSC of Abu Dhabi was one of the largest real estate developers in the UAE with over AED 70 billion (US$19 billion) worth of projects under development. In June 2013, it merged with Aldar Properties. Sorouh developed commercia ... at Cityscape Dubai 2007. In May 2009 some elements of the project have been adjusted due to the challenging market conditions. These changes includes project restructuring along with revised payments. Enabling work began in October 2008 and is to be completed on schedule by June 2009. In March 2009, a ninth construction mock-up villa was completed at alghadeer. The fir ...
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Al Lulu Island
Al Lulu Island ( ar, جزيرة اللؤلؤ; Pearl island) is a man-made island off the coast of Abu Dhabi island, the capital of the United Arab Emirates. It stretches from the Abu Dhabi Breakwater to Mina Zayed. Al Lulu Island is only accessed by private boat. Development Land reclamation was started in 1986 and completed in 1992. In 1981, Brazilian architect Oscar Niemeyer worked on a proposal for the island to turn it into a leisure island including hotels and waterside residences, an elevated monorail, marina and aquarium, a nautical club, helipads, a convention centre and a zoo. Niemeyer's plans included a rejuvenation centre designed to attract geriatric medical tourists, and a culturally sensitive Cultural sensitivity, also referred to as cross-cultural sensitivity or cultural awareness, is the knowledge, awareness, and acceptance of other cultures and others' cultural identities. It is related to cultural competence (the skills needed fo ... theme park that t ...
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Al Reem Island
Reem Island ( ar, جزيرة الريم) is a natural island located 600 metres off the coast of Abu Dhabi island. It is a mixed purpose community with both residential, retail and commercial units. Development Sorouh Real Estate, now merged with Aldar Properties PJSC, Reem Investments and Tamouh are independently developing parts of the island with projects like Shams Abu Dhabi. Reem Developers define the overall dimensions of the project as 2 meters square metres and investment costs as exceeding $30 billion. The project is a free zone, where foreign nationals can buy property on a 50-year leasehold basis. The handing over of units in Al Reem Island was significantly delayed due to a couple of reasons but during the first quarter of 2011, the handing over process began. In March 2013, Repton Repton is a village and civil parish in the South Derbyshire district of Derbyshire, England, located on the edge of the River Trent floodplain, about north of Swadlincote. The p ...
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Companies Based In Abu Dhabi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Property Companies Of The United Arab Emirates
Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it under the granted property rights. In economics and political economy, there are three broad forms of property: private property, public property, and collective property (also called cooperative property). Property that jointly belongs to more than one party may be possessed or controlled thereby in very similar or very distinct ways, whether simply or complexly, whether equally or unequally. However, there is an expectation that each party's will (rather discretion) with regar ...
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