Wednesday 5 August 2015
 
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residential rents

Dubai residential rents drop 3pc during Q2

Residential rents in Dubai, UAE, declined by 3 per cent in the second quarter of the year in the face of 6,750 new housing units that were delivered during the period, a report said. The new supply of homes took the total Dubai re

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Weak oil likely to hit Bahrain residential rents

With weak oil prices eroding Bahrain’s economy, the residential market remains at high risk of losing its momentum of growth, with declines likely towards the end of the year as demand starts to wane, a report said. Renewed

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Abu Dhabi residential rentals surge 12pc

The residential rental market in Abu Dhabi, UAE, witnessed solid growth in the first quarter increasing by 12 per cent over the past year despite the emergence of more challenging market conditions, said a report. Over the past year, th

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Dubai's housing prices fall slightly in Q1

Housing prices fell slightly in Dubai, UAE, and rents were flat in the first quarter of 2015 in the emirate compared with the final three months of last year, a report by property consultants JLL showed on Monday. The real estate market

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Bahrain plans draft law to regulate rents

Bahrain is set to discuss a draft law regulate rents and fast-track settlement of disputes between landlords and tenants in the kingdom. Parliament is set to discuss a draft law setting out contractual obligations between landlord

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Bahrain plans draft law to regulate rents

Bahrain is set to discuss a draft law regulate rents and fast-track settlement of disputes between landlords and tenants in the kingdom. Parliament is set to discuss a draft law setting out contractual obligations between landlord

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Bahrain rental rates static in Q3

The office and residential rental rates across Bahrain remained static during the third quarter although small space rental rates have started to creep upwards with diminishing supply, according to a report. The influence of summe

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Abu Dhabi residential rents down 4pc in Q2

Despite a noticeable rise in leasing activity during the first half of the year and record sales transactions, residential rental rates in Abu Dhabi have dropped four per cent during the quarter, said an industry expert. “Th

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Doha residential transactions hit 3-year high

Residential sales transactions in Doha during the second quarter of the year reached a three-year high, led by increased freehold purchase demand in prime areas and boosted by the recent Cityscape Qatar real estate showcase, a report said.

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Residential rents ‘firming across Dubai’

The selective recovery which was previously limited to Dubai Marina has created a ripple effect in the emirate as a result of which the overall Dubai rental index has registered a modest 1 per cent hike, a report said. This howeve

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