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Dubai home prices, rentals continue fall in Q2Dubai witnessed quarterly declines of 1.1 per cent in sales prices for villas/townhouses and apartments during the second quarter (Q2) of the year, while rental declines averaged 2.5 per cent over the same period, a report said. R More… |
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Europcar Dubai introduces wifi rentalsEuropcar Dubai, a leading car rental company in Dubai and northern UAE, has introduced a new wifi rentals facility in various rental locations. Now passengers can enjoy hi-speed 4G internet connection on board. Wifi rental costs j More… |
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Abu Dhabi rentals drop up to 10pc in 2016Average apartment rents in Abu Dhabi fell by seven per cent in 2016 while villa rental rates dropped 10 per cent amid continuing low economic growth, job losses and cost-cutting measures, according to the Abu Dhabi Residential Market Update Year More… |
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Abu Dhabi's office, luxury residential rentals fallOffice and luxury residential rentals continued to slide in Abu Dhabi, UAE, amidst weakening demand levels, even as the affordable housing sector showed modest rental growth in the third quarter of this year, according to the Q3 2016 Abu Dhabi M More… |
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Abu Dhabi property yields at 5pc as rentals fallAbu Dhabi property yields continue to be attractive to investors with an average return of 5 per cent despite a 2 per cent decline in residential rental rates, said a new report by Chestertons Mena, a leading international property agency. More… |
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Dubai Tourism, Airbnb ink MoU to strengthen short term rentalsDubai’s Department of Tourism & Commerce Marketing and Airbnb, a leading community-driven hospitality company, have signed a Memorandum of Understanding (MoU) to help promote responsible hosting and help grow and diversify tourism in t More… |
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Abu Dhabi apartment rentals see moderate growthResidential rents for apartments in Abu Dhabi have seen a moderate rental growth as supply and demand move towards equilibrium, said a report. Overall, capital values for completed apartments have remained broadly stable, driven b More… |
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Dubai's prime area apartment Q4 rentals unchangedThe rentals in the majority of the apartments sector across prime areas in Dubai, UAE, did not witness any change in the fourth quarter of 2015, according to a property expert. However, locations such as Jumeirah Park observed a s More… |
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Growing supply ‘to hit UAE property rentals’The rental market in the UAE’s real estate sector will soften further in 2016 due to the widening gap between the demand and supply ratio, said Chestertons, an international property agency. The company also stated that deve More… |
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Rental cap to keep Abu Dhabi property buoyantThe re-introduction of a rental cap and increase in affordable housing will see Abu Dhabi property staying buoyant through 2015, said an industry expert, highlighting the UAE emirate’s strong growth potential and rise in demand for p More… |
