Saturday 2 August 2014
 
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Asteco

Dubai property slowdown continues in Q2

The residential sales performance in Dubai saw a continued slowdown in the second quarter of the year, with only a marginal growth of six per cent and three per cent for apartments and villas respectively, according to an Asteco report.

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Doha property market registers solid growth

The property market in Doha has grown substantially quarter-on-quarter, registering a 29 per cent increase in the number of transactions for the period with the aggregate value of sales reflecting a 35 per cent increase, said a report.

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Al Habtoor ropes in Asteco for Dubai project

The Al Habtoor Group, a leading UAE-based conglomerate, has appointed Asteco as the sole leasing agent for its new ‘Al Habtoor City’ three residential towers which is due to open in 2016. A multi-use development, Al Ha

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Dubai residential sales prices up 60pc in 2013

The residential property market in Dubai recorded robust growth in 2013 with the average apartments and villa sales prices up by 60 per cent year-on-year, said a report. Quality residential developments in Dubai ended 2013 with a

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Asteco appointed agent for Dubai tower

Leading regional real estate services firm Asteco, has been appointed the sole agent for the new Al Ali Property Investment (API) Trio Office Tower in Dubai. The 305,875-sq ft tower is an integral part of a high profile tri-tower

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Apartment prices jump 13pc in Jordan

Although rental rates in Jordan experienced no significant changes during the third quarter (Q3) of 2013, apartment sales prices jumped 13 per cent over the past 12 months, a report said. Increased supply and competition among lan

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Asteco to showcase new projects at Cityscape

Leading regional real estate services firm Asteco will showcase two new residential projects at the Cityscape Global exhibition this week. The exhibition will take place from October 8 to 10 at the Dubai International Convention a

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Dubai property soars, but way below 2008 peak

Dubai property sales and rental prices registered solid growth over the past 12 months and is poised for further rise, but the prices are unlikely to hit the 2008 peaks in short to mid-term, said a report. The rentals are lagging

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Asteco appoints new GM for Abu Dhabi

Real estate services firm Asteco Property Management has appointed Jeremy Oates as its general manager for its Abu Dhabi operations. Oates brings more than 30 years’ experience to the role, and has worked in senior roles wit

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Sharjah rents up by 16pc as relocations rise

Sharjah’s residential rental market is on the ascendant, with the emirate recording steady rental rate growth over the last 12 months with an average rise of 16 per cent and fueling a reverse relocation trend, a report said.

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