Friday 30 January 2015
 
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residential

Abu Dhabi residential sales prices to remain stable

The prime average residential sales prices in Abu Dhabi, UAE, are expected to remain stable during 2015 as the demand softens and annual supply gets reduced significantly, said a report. The underlying fundamentals remain strong i

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Saudi residential development on track for completion

The first phase of Ritaj Residential Project, being developed jointly by Blomivest Saudi Arabia and Maskan Arabia Real Estate Development Company in Riyadh, is 95 per cent complete, with delivery scheduled at the end of this month.

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Etihad Rail awards major residential project contract

Etihad Rail, the developer and operator of the UAE’s national railway network, has awarded a major contract to National Transport & Contracting Company (NTCC) for the design and construction of employee residences in the Mirfa area of

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Abyaar's new tower to be ready in Q3 2015

Abyaar Real Estate Development Company said the construction work at its Hilliana Tower project located at the heart of Acacia Avenues in Jumeirah area of Dubai, UAE, is in the final stages and is on track for completion in the third quarter of

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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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