The average rental rates in Abu Dhabi, UAE, for apartments and villas fell by seven per cent and five per cent respectively during 2016 and are expected to soften further in 2017, according to leading consultancy Asteco.
The pressure is mounting on landlords across Dubai as budget-conscious tenants continue to place emphasis on downgrading to smaller units or relocating to cheaper communities to get better value for money, said a report.
Asteco, a top real estate services firm, was named regional winner in Best Property Consultancy and Best Property Consultancy Marketing in Dubai categories at the recent Africa & Arabia Property Awards in Dubai, UAE.
The UAE witnessed a general slowdown in the real estate market across all its emirates during the first half, due to the cumulative effect of falling oil prices and the resulting cuts to government budgets, according to Asteco, the Middle East&r
In partnership with Dubai-based luxury property developer Seven Tides, leading regional real estate consultancy firm Asteco will release the final tranche of its Anantara Residences hotel rooms for sale at this year’s Cityscape Abu Dhabi e
Asteco, a leading real estate consultancy and property management company, has launched the first regional training academy in the UAE to raise the benchmark in professional real estate brokerage services.
A first-of-its-kind faci
Asteco, a major regional and international real estate services company, has announced two key management appointments in its sales and marketing division.
Industry veteran Mario Volpi has been appointed as the head of project sal
Asteco, a leading real estate consultancy and property management firm, said it has been appointed as the exclusive sales agent for the Stella Maris Tower in the popular Dubai Marina district in Dubai, UAE.
Under development by Ab
Marina Arcade, a luxury supertower in Dubai Marina featuring one-, two- and three-bedroom residences overlooking The Palm Jumeirah, was recently launched at a key event in Dubai, UAE.
The project also features a limited num
The top end of the real estate residential market in Dubai, UAE, remains under pressure as buyers shift focus to the affordable sector, said a report.
Affordable apartment units at IMPZ, Discovery Gardens and Dubai Silicon Oasis s