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Mideast housing markets 'in doldrums' as low oil bitesThe Middle East housing sector is now in the doldrums, with Egypt and UAE ranking as two of the three weakest housing markets in the international house price survey conducted by Global Property Guide, a research house. This is no More… |
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Dubai’s housing market sees minor contraction in Q2Dubai’s residential market witnessed a very minor contraction during the second quarter, with both sales and rental rates seeing modest declines, according to a report. The sales prices fell by close to one per cent during Q More… |
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Bahrain housing market remains stagnant in Q1The residential market in Bahrain remained stagnant for the second consecutive quarter in Q1 with the rental rates remaining equal to the levels achieved during the previous quarter, said a report. During the first quarter, the re More… |
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Abu Dhabi property rentals, sales stabilise in Q3The real estate market in Abu Dhabi continues to see a stabilisation of rental and sales prices for completed properties, a report said. However, majority of released units from key developers were sold on the launch day itself, a More… |
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Bahrain’s housing market on upward curveNational stability and improved economic conditions are helping to drive growth in Bahrain's residential property market, finds the latest research from a real estate consultancy. According to Cluttons Spring 2014 Residential More… |
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‘Limited impact on housing’ from Saudi mortgage lawSaudi Arabia’s housing market will see a limited impact in the short term from a mortgage law passed in 2012 as the focus of the law is on demand, not supply, a report said. A long-awaited mortgage law approved enforced by S More… |
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Oman housing market 'recovering'The housing market in Oman has started showing signs of recovery amid strong demand for centrally-located furnished properties and complexes with lifestyle facilities in Muscat, according to real estate expert Cluttons. Cluttons, in its 20 More… |
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Global economy 'may face turmoil for a year'The next 12 months do not look very promising for the global economy, according to Investcorp executive chairman and chief executive officer Nemir A Kirdar. Kirdar said the turmoil the US, the world's largest economy is facing is bound More… |
