Monday 24 October 2016
residential sector

UAE’s residential sector set for further decline

 As the local economy continues to adjust to softening global conditions, overall residential values and rents in Dubai, Sharjah and Abu Dhabi are set for a further decline for the remainder of 2016, according to leading international real


Dubai residential property prices down 10pc in Q1

The residential property prices in Dubai, UAE, fell 10 per cent in the first three months of the year due to a strong dollar and also because buyers had less cash to spend following the oil price slump, said a report. The Dubai re


Abu Dhabi homes sector opens up for mid-level buyers

Abu Dhabi will see existing residential supply augmented by the handover of 3,500 units and a rush of standalone tower projects during the second half of the year, offering mid-level investors a wide choice of properties, a report said.


Kuwait real estate sales up 11pc

Kuwaiti real estate sales recovered in September registering a 11.2 per cent year-on-year growth to hit KD199.5 million ($722 million) after slowing down in August mainly due to Ramadan, said a report. The Kuwaiti residential sector accoun

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