Friday 19 December 2014
 
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residential

Dubai residential rents rise 7pc year-on-year

The residential rents in Dubai witnessed a modest growth of around seven per cent over the course of the year, as compared  24 per cent last year, according to global property consulting firm CBRE’s year-end market update.

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Menatelecom launches new broadband packages

Menatelecom, a fully-owned subsidiary of Kuwait Finance House - Bahrain, has launched its latest range of residential broadband packages. They offer benefits such as 'half day on you and half day on us' which encompasses f

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Dubai residential property prices up 24.2pc

The residential property prices in Dubai, UAE, posted solid growth in October with a 24.2 per cent year-on-year (y-o-y) increase over the same period last year, said a report. The Dubai Residential Property Sales Price Index for a

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Sharjah residential rents soar 26pc in Q3

The residential rental values in Sharjah, UAE, surged 26.4 per cent in the third quarter compared to the same period last year largely driven by the reverse migration from neighbouring Dubai emirate. The rents grew 5.3 per cent co

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Bahrain’s Juffair Heights project ‘on track’

Construction work at one of Bahrain's prestigious new residential projects is on schedule and being implemented at a record pace, its promoters said. The 376 one- and two-bedroom units at the 28- and 29-storey Juffair Heights

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Aldar leases 3,000 residential units in Abu Dhabi

Aldar Properties, a leading property development company in Abu Dhabi, UAE, has announced the successful leasing of almost 3,000 units at its major new residential developments - Al Rayanna, Gate Towers and The Arc. The company al

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Bahrain plans to build 40,000 residential units

Bahrain's Housing Minister Bassem Al Hamer chaired a meeting to discuss the development of a strategy to build residential blocks across the country. The meeting, attended by senior officials, discussed plans to construct 40,0

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Omniyat starts work on $680m Dubai residential project

Leading developer Omniyat has started work on its Dh2.5-billion ($680 million) project One at Palm Jumeirah, a 25-storey structure which is set to become the single tallest residential property on the Palm islands in Dubai, UAE. Designe

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Aldar’s new residential towers fully leased

Aldar Properties, Abu Dhabi's leading listed property development company, has announced that two of its new residential towers on Al Reem Island are fully leased after being on the market for just under a year. The Gate and A

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Dubai residential rentals, sales price slow down

Dubai’s real estate sector witnessed further stabilisation and a slowing down of both rental rates and sales prices of apartments and villas in the third quarter, said a report. The downward trend continued for the third qua

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