The real estate market in Abu Dhabi is stabilizing after six months of rising values, which resulted in yields being eroded, lower loan to value ratios and limited availability of quality apartments, a report said.
As a significant volume of new prime office space starts to enter the Riyadh market and the occupancy rate starts to rise, rental rates have started to edge downwards and incentives have started to become more widespread, a report said.
Rental rates in several emerging areas of Bahrain have continued to rise in 2012, with compounds enjoying occupancies up to 90 per cent, while rentals in the areas most affected by local unrest have dropped back to 2006 levels, said a report.
The real estate market in Jeddah is booming thanks to Saudi government’s recent SR500 billion ($133.3 billion) financial stimulus package and massive public sector infrastructure investments, according to property expert Jones Lang LaSalle (J
The average rentals continued to fall across the residential, office and retail sector in Dubai during the fourth quarter due to a steady over-supply, according to real estate experts Jones Lang LaSalle (JLL).
The year-on-year decline was&
The Dubai commercial property market continues to favour tenants as commercial landlords across all areas of the emirate are becoming more flexible on rental values, according to a new research.
The latest report from Cushman and Wakefield