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Dubai Creek Harbour to see 40pc uplift in property pricesLeading UAE property developer Emaar said its 6-sq-km mega-development, Dubai Creek Harbour, is set to record an uplift in residential property prices by an average of 30 to 40 per cent in the short term, thanks the presence of several iconic pr More… |
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Abu Dhabi property prices post mixed trendsThe real estate market in the UAE capital Abu Dhabi have witnessed mixed trends in February with the rental prices registering a steep decline in most areas while the sale prices at most prime properties remaining steady, said a report by UAE pr More… |
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New tax 'to hit Bahrain property prices'A new tax imposed by Bahrain on infrastructure development could cost commercial developers hundreds of thousands of dinars extra for large projects, said a report citing an MP. The tax was introduced earlier this month and impose More… |
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Dubai property prices marginally down in Q2The property prices across Dubai, UAE, witnessed a marginal drop as fresh supply in the apartment, villa and commercial segments continued to place downward pressure on rental rates and sales prices, according to a report. This tr More… |
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Building materials rate hike 'may push up property prices'An increase in building materials price could push up the prices of apartments, villas and office space, if not contained in the next few months, said a Dubai-based property developer. “The escalation of certain building mat More… |
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Saudi white land tax 'to cut property prices by 40pc'The introduction of the 2.5 per cent annual tax on unused land by the Saudi government is likely to bring down the property prices by up to 40 per cent in areas outside the main cities, said a report. The new 'white land tax&# More… |
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Dubai residential property prices down 4.9pcThe residential property prices in the rental market in Dubai, UAE, plunged 4.9 per cent year-on-year (y-o-y) in March owing to a steep fall in apartment and villa prices compared to the same period last year, said a report. The D More… |
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UAE property prices likely to drop further in 2016The real estate prices in the UAE are likely to continue declining this year mainly due to the oil slump which has inturn dampened the hiring and expansion plans of energy firms besides the softening of non-oil private companies' business ac More… |
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Dubai property price slump linked to forex fluxReal estate demand in Dubai, UAE which fell significantly in the first half (H1) of the year continuing into the third quarter, was driven primarily by currency fluctuations, indicating a very low propensity for international real estate investm More… |
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Dubai property prices likely to fall 20pc in 2015Dubai residential property prices are likely to fall 10 to 20 per cent this year because of subdued demand, slower economic activity and downbeat investor sentiment, credit rating agency Standard & Poor's (S&P) said on Monday. More… |
