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UAE's residential rents under pressure in Q3With residential rents maintaining a downward trajectory during the third quarter, the UAE real estate sector is under tremendous pressure this year and this trend is likely to spill over into early 2019, according to Asteco, the UAE’s lar More… |
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Dubai residential rents 'on the decline'The residential rents continue to decline across Dubai, UAE, mainly due to weak demand and changes in housing budgets, which will have the starkest impact on high income housing, according to a report by property expert Phidar Advisory. More… |
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Abu Dhabi rents set for further declineThe average rental rates in Abu Dhabi, UAE, for apartments and villas fell by seven per cent and five per cent respectively during 2016 and are expected to soften further in 2017, according to leading consultancy Asteco. The decli More… |
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Qatar Q4 residential rents down by 5 to 10pcThe residential rents across Qatar fell by an average of between five and 10 per cent in 2016, thanks to a spurt in good quality ‘affordable’ accommodation in peripheral suburbs, according to a leading regional real estate firm. More… |
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Sharjah rents down for second consecutive yearThe rents in residential and commercial property markets across Sharjah have fallen for a second year in a row, increasing tenancy options in the northern emirate, according to real estate consultancy More… |
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Muscat residential rents down 5.9pc in Q1The average residential rents in Oman's capital Muscat fell by 5.9 per cent during the first quarter of the year, said a report. The decline was led by the villa market, leaving average monthly villa rents at just over R More… |
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Sharjah’s residential property rents set to drop furtherRents in Sharjah’s residential property market are set to continue to decline throughout 2016, following an average fall of 5.7 per cent during Q1 which has dragged the annualised rate of change in rents down to -8.3 per cent, according to More… |
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Abu Dhabi residential rents remain flat in Q3The sales and rental rates in Abu Dhabi's residential sector remained relatively flat during the third quarter of 2015, but the office market in the UAE capital was steady through out the period, said a report. Despite rental More… |
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Dubai residential rents down 2pc in Q3The residential rents in Dubai fell by two per cent during the third quarter of 2015, as a fresh supply of around 2,000 new units entered the market, said a report. The capital values for completed apartment units fell nine per ce More… |
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Dubai residential rents drop 3pc during Q2Residential rents in Dubai, UAE, declined by 3 per cent in the second quarter of the year in the face of 6,750 new housing units that were delivered during the period, a report said. The new supply of homes took the total Dubai re More… |
