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Asteco to lease out new propertyRegional real estate company Asteco has announced that the Al Wifaq Tower on Reem Island, Shams Abu Dhabi, is now ready for lease, with prices starting at Dh75,000 ($20,414.1) per annum for a one-bedroom apartment. Owned by Union More… |
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Doha property market steady in first quarterThe Doha real estate market was marked by average sales, rental rates and stable activity levels during the first quarter of the year, reflecting a positive outlook as developers resurrect projects ahead of an infrastructure surge, a report said More… |
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Abu Dhabi high-end property rentals up 8pcThe leasing market in Abu Dhabi remained strong in the first quarter of the year with good levels of demand increasing rental rates by as much as 8 per cent, particularly in the high-end segment, a report said. It was also a simil More… |
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Dubai residential rates up in all areas in Q1Apartment sales prices in Dubai grew on average by 12 per cent in the three months to the end of March with year-on-year growth standing at 27 per cent as residential rates mounted in all areas of the emirate, a report said. All r More… |
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Dubai residential market posts solid growthThe quality residential developments in Dubai ended 2012 with a strong Q4 performance to put the average annual increases at their highest since 2008, said a report by property consultancy Asteco. The villa sales prices were up on More… |
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Sharjah rents stable after sharing clampdownThe apartment rents in Sharjah stabilised and remained unchanged in the third quarter after witnessing a 6 per cent drop in rents the previous quarter primarily due to stricter accommodation rules introduced by the government, said a report. More… |
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Dubai apartment rents move up; sales flat in Q3Quality residential developments in Dubai built upon their strong performance in Q2, with average rental increases in Q3 2012 of 2 per cent for apartments and 3 per cent for villas, a report said. More… |
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Asteco partners with property auction websiteLeading property management company Asteco Property Management has teamed up with real estate auction website LFC International to provide global marketing solution for UAE’s property owners. As online auctions continue to gain tr More… |
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Dubai property sector ‘on recovery path’The Dubai property sector is showing strong signs of recovery following the 2008/2009 crash that hit Dubai investors during the international financial crisis, said a report. “The real estate market in Dubai is finally showing sig More… |
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Qatar’s residential leasing picks up in Q1Transactions in Qatar’s residential leasing market picked up significantly in the first three months of 2012 compared to the previous quarter, said a report. This follows several established Qatari firms changing their housing policies to More… |
