Saturday 19 April 2014
 
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residential

Abu Dhabi permits only one family per residence

Abu Dhabi’s Municipality has warranted that only a single family can reside within each licensed residential unit in the capital, said a report.   Residents, however, find it more difficult to afford the st

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Dubai residential market growth 'slows'

Dubai’s residential sales market has slowed down to more moderate growth levels in the first quarter of 2014 following a spike in prices, after the Expo 2020 announcement at the end of last year, according to a report. The average

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Residential, hotel sectors lead Dubai real estate growth

Dubai's residential real estate sector witnessed increased prices and rents across all areas in the first quarter of this year, with rates growing faster in secondary locations, a report said. The retail, hotel and industrial

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UAE residential property prices edge up in Feb

The property prices in Dubai and Abu Dhabi residential markets witnessed solid growth in February increasing 3.7 per cent and 2.33 per cent month-on-month (m-o-m) respectively, said a report. The residential property prices in Dub

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Residential space becoming costly in Dubai

Residential space is becoming expensive in Dubai and while the landlords rejoice on the strengthening of the property market, tenants in the high end localities are eyeing secondary markets for economical rents, said a report. The

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Building work hit by church 'fears' in Bahrain

Work on a residential building in Buhair has been halted because councillors suspect it could be turned into a church.   The Central Municipal Council has been flooded with complaints from residents who do not wa

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Dubai property market can absorb 25,000 units

The Dubai property market on an average can absorb 25,000 units a year in future to maintain current vacancy rates, said a report citing a financial expert. The drop in construction activity in the past few years has given Dubai&#

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New residential project underway in Bahrain

A new state-of-the-art residential development boasting landscaped gardens and Bahrain's largest swimming pool is being built in Juffair. Fontana Gardens, from Royal Ambassador Property Management, will be made up of three tow

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UAE residential prices edge up in Dec

Property prices in Dubai and Abu Dhabi housing markets increased 2.64 per cent 2 per cent month-on-month respectively in December 2013, according to a report. The Dubai residential property sales index for all residential increase

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Residential market leading Abu Dhabi real estate recovery

The residential sector is leading Abu Dhabi’s market recovery with prices and rental values almost picking up at all locations across the emirate, said a report.   The prime residential sales prices increased on average

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