Thursday 2 October 2014
 
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rents

Dubai residential rents edge up in August

There was a slight increase in the residential rental market in Dubai during August with the apartment rental prices up 24.1 per cent and villa prices up 9.4 per cent on a year-on-year (y-o-y) basis, said a report. The Dubai Resid

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Dubai housing costs soar to record peaks

An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad, said the city's top property webs

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Dubai property market sees welcome levelling-off

The broad-based recovery witnessed in the residential sector over the past 18 months has now slowed down, as rental prices and sale values in Dubai have stabilized in most locations, said a report. The Dubai real estate market has

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Dubai rents dip for first time in three years

After registering growth for 10 consecutive quarters, average residential rents in Dubai, UAE, dipped marginally by one per cent during the third quarter of this year, according to a report. The percentage drop, however, has been

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UAE property market stability keeps rents in check

The UAE’s property market experienced improved stability during the first six months (H1) of 2014, with the rate of expansion steadying and the slowing down of growth in residential rents and values in Abu Dhabi, Dubai and Sharjah, a repor

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Dubai villa prices decline 4pc

The residential sale prices in Dubai witnessed a drop in the first six weeks of the third quarter with rates falling 4 per cent for villas and 0.6 per cent for apartments, compared to the previous quarter, according to a report. However

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Residential rents up 20pc in Jeddah

Residential rents have increased 20 per cent in Jeddah due to high prices of building material and real estate, a report quoting experts said. Abdullah Al-Ahmari, a member of the real estate committee at the Jeddah Chamber of Comm

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Prime office rents up 6pc in Saudi Arabia

Office rents in Saudi Arabia witnessed a 6 per cent year-on-year  increase in the first quarter, aided by growth in the finance and business services and public administration sectors, a report said. The best performing marke

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Residential space becoming costly in Dubai

Residential space is becoming expensive in Dubai and while the landlords rejoice on the strengthening of the property market, tenants in the high end localities are eyeing secondary markets for economical rents, said a report. The

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UAE industrial property sector keeps up growth

The UAE industrial property market was bolstered by an improved economic climate, the successful win of Expo 2020, and the launch of passenger services at Al Maktoum International Airport, a report said. “Steady growth follo

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