Sunday 5 July 2015
 
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Dubai home prices edge down in May

Dubai residential property sale prices decreased 1.29 per cent in May, marking a drop of 5.7 per cent year-on-year (y-o-y), a report said. Apartment sales prices registered a decrease of 1.19 per cent month-on-month (m-o-m) and al

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Saudi Arabia housing rents set for steep hike

There will be a sharp rise in apartment rental prices across Saudi Arabia over the next six months, thanks to the effect of the 30 per cent mortgage law, said a report. Stability is likely only in 2017, when the kingdom’s governme

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Tenants emerge winners in Sharjah as rents stabilise

The stability in rents across the residential property market in Sharjah, UAE, has moved tenants firmly into the driving seat, with many now using the weaker demand as an opportunity to negotiate for little or no increase in rents at renewal, sa

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Abu Dhabi property prices stable in Q1

The property prices in Abu Dhabi, UAE, remained relatively stable in the first quarter of 2015 even as there was a significant demand for affordable residential units, said a report. The real estate sector in the UAE capital saw a

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Sharjah property market feels Dubai ripple effect

The property market in the northern UAE emirate of Sharjah, saw rental rate stabilise in last three quarters of 2014 as slowdown in the neigbouring Dubai stalled tenant migration, according to a report. Throughout the Northern Emi

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Dubai rents to soften as new supply enters market

The supply of 13,000 new homes this year is likely to soften the rents in Dubai's property market especially the apartments sector which has seen rents soar by up to 65 per cent over the last five years, said a report by leading real estate

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Abu Dhabi residential rents on the rise

Average residential rents across Abu Dhabi, UAE, continued to increase during the fourth quarter of 2014, but at a slower pace than at the start of the year with average market rents up by around three per cent quarter-on-quarter, and roughly 17

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Dubai residential market to remain subdued in 2015

The real estate sector in Dubai, UAE, ended 2014 on a quiet note as nearly all segments of the market - office, residential, retail and hotel sectors - witnessed subdued growth levels in the fourth quarter, said a report. The seco

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Dubai prime office rents jump 25pc in Q3

A shortage of prime office space in Dubai, UAE, which is being underpinned by robust demand, has created a strong upward pressure on rents across the city, a report said. This is supported by a rapidly diminishing supply of Grade

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Abu Dhabi sees slight drop in freehold area rents

Rents across the freehold areas in Abu Dhabi, UAE, rose by just 2.7 per cent during the first nine months compared to the near nine per cent growth recorded last year, said a report. Abu Dhabi’s drive for economic diversific

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