Wednesday 7 December 2016
 
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rents

Sharjah housing rents 38pc cheaper than 2008

Average rents in the northern UAE emirate of Sharjah are still 38 per cent cheaper than in 2008, as additional supply keeps rates from increasing rapidly, according to a report from leading real estate consultancy Asteco. The prop

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Abu Dhabi rents marginally down in Q3

Rental rates for both apartments and villas in Abu Dhabi have been directly impacted by the current macroeconomic challenges, witnessing declines of up to three per cent in Q3, said a report. Continued cost cutting and downsizing

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Dubai, Abu Dhabi more affordable for renters, buyers

The key real estate markets of Dubai and Abu Dhabi in the UAE witnessed an overall downward movement of apartment rents in the third quarter making them more affordable for the renters and buyers, said a report. During the third q

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Dubai rents now more affordable, Abu Dhabi soars

The apartment rental market in Dubai, UAE, saw values edge down further, whereas in neighbouring emirate Abu Dhabi the scenario was different - with the market witnessing a resurge with an upward movement, said a report. As always

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Bahrain housing market remains stagnant in Q1

The residential market in Bahrain remained stagnant for the second consecutive quarter in Q1 with the rental rates remaining equal to the levels achieved during the previous quarter, said a report. During the first quarter, the re

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Saudi Arabian residential market softens in Q1

The residential market in Riyadh and Jeddah softened over the first quarter with the sales and rental rates predominantly reporting marginal decreases both through quarter-on-quarter and year-on-year indicators across the villa and apartment seg

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Northern Emirates residential rents down in Q1

The residential sector in the Northern Emirates remained flat in the first quarter with a marginal decline in the rental rates being registered at Sharjah and Fujairah, said a report. The residential sector in the Northern Emirate

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Oman residential rental market 'under pressure'

The residential rental market continued to be under pressure during Q1 2016 as companies are trying to adjust to the market conditions and minimise expenses by reducing headcount and housing allowances, according to leading consultancy house PKF

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Dubai rents hit two-year low amid oil rout

Residential rents in Dubai, where the majority of the population is foreign, declined the most on a monthly basis since the property peak of two years ago, according to Phidar Advisory. “Landlords are finding it more difficu

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Dubai rents under pressure in Q1 after 2015 rally

The start of the New Year brought glad tidings for many Dubai residents who were feeling rather pressed by the steady escalation of rents throughout 2015, said a property expert. The Dubai Real Estate Regulatory Agency’s ren

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