Monday 21 April 2014

Sharjah rents up 7pc as Dubai residents relocate

Sharjah’s rent rates have increased seven per cent on average this quarter as Dubai residents look to relocate to more affordable accommodation, said a report.   The Q1 2014 Northern Emirates report from Asteco, a leading real estate services company, poin


Abu Dhabi's real estate 'shows signs of maturity'

With all sectors of the Abu Dhabi property market gaining momentum in making a healthy recovery, industry experts say the real estate sector shows strong signs of maturity, as the emirate looks towards achieving its 2030 vision. The sustainability of such momentum is still, howev


Oman extends ban on expat workers

Oman has extended a ban on employing expatriate construction workers and housekeeping staff in the sultanate's private sector by another six months, a report said. The six-month ban was due to expire on May 1, the Times of Oman report said. The report quoted a


Lootah unveils new $95m Dubai project

Lootah Real Estate Development has announced the official launch of its new Dh350 million ($95.2 million) Shamal Community development in Dubai, which consists of over 1050 units including villas, lofts and studio apartments on an area spanning over 147,000 sq ft. A Dubai-based h

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