Tuesday 1 September 2015
 
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Rentals

Rental cap to keep Abu Dhabi property buoyant

The re-introduction of a rental cap and increase in affordable housing will see Abu Dhabi property staying  buoyant through 2015, said an industry expert, highlighting the UAE emirate’s strong growth potential and rise in demand for p

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Saudi construction equipment rentals to see big growth

The construction equipment rental market in Saudi Arabia is projected to surge at a compounded annual growth rate (CAGR) of over 12 per cent during 2014-20, according to a new report. Key factors driving the market include the con

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Occupancy-rental gap likely to widen in Mideast region

The performance gap between projects offering high quality amenities, sufficient parking, accessibility and international standards of property management, is likely to widen in terms of higher occupancy and rental levels, a report said.

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Occupancy-rental gap likely to widen in Mena

The performance gap between projects offering high quality amenities, sufficient parking, accessibility and international standards of property management, is likely to widen in terms of higher occupancy and rental levels, a report said.

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New homes influx ‘could impact Dubai rents’

With 25,000 residential units slated for delivery in 2015, rental rates in Dubai, UAE, will be impacted further, a report said, noting however that the decline could be neutralised in the wake of an increased demand for accommodation. C

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APR Energy exits Yemen as tensions rise

APR Energy,  which rents out turbines and generators to overcome power shortages, said it had ceased operations in Yemen due to the escalating conflict in the country. The company has been operating in Yemen since 2012, provi

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Dubai investors looking for stable rental returns

As real estate asset prices in Dubai stabilise and start to trend lower in certain areas, the emirate has entered the 'new normal' with investors beginning to hunt for stable rental returns, a report said. Historically, th

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Abu Dhabi residential rentals soar

Residential rentals in Abu Dhabi achieved significant growth during the first quarter of 2014, with an average rise of close to 10 per cent,  a new report said. Housing units in off-island locations experienced higher rent gr

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Property glut softens growth rate in Abu Dhabi

Additional property supply in 2014 softened residential rental rates further in the first quarter (Q1) of the year, with little or no increase in some areas, while high-end properties in investment areas recorded modest increases of between 1-3

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UAE residential prices edge up in Dec

Property prices in Dubai and Abu Dhabi housing markets increased 2.64 per cent 2 per cent month-on-month respectively in December 2013, according to a report. The Dubai residential property sales index for all residential increase

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