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Nearly 40pc of Dubai residents ‘eyeing home buys’Sixteen per cent of Dubai residents who responded to a Property Finder sentiment survey have bought a home in the last six months and another 39 per cent are ready to buy and willing to do so before the end of 2018. Half of those More… |
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Fam rolls out hi-tech property management systemLeading real estate brokerage fäm Properties has unveiled a new tech-driven property management system that will transform the way real estate agents and landlords communicate in the UAE and also help tenants resolve issues more quickly. More… |
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Residential tenants witness ‘Golden Age’ in BahrainWeakening economic conditions, tapering off in demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry, according to leading real estate consultancy Cluttons. More… |
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Dubai 'recovery may dent tenant's bargaining power'Residential tenants in the UAE have benefitted from falling rents and a growing willingness by landlords to accept multiple cheques in recent years, but an expected real estate recovery – at least in Dubai – could again spur property More… |
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Abu Dhabi levies new fee on expat tenantsAbu Dhabi’s Department of Municipal Affairs and Transport has imposed a new municipality fee (equivalent to three per cent of the annual rent) on expatriates renting homes in the emirate as it seeks to boost state revenues amid low oil pri More… |
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UAE's mixed-use project welcomes first tenantsAl Forsan Real Estate, a leading UAE-based developer, has welcomed the first group of tenants to its health focused mixed-use development ‘Al Forsan Village’ in the capital Abu Dhabi. Located in the heart of Kha More… |
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Tenants emerge winners in Sharjah as rents stabiliseThe stability in rents across the residential property market in Sharjah, UAE, has moved tenants firmly into the driving seat, with many now using the weaker demand as an opportunity to negotiate for little or no increase in rents at renewal, sa More… |
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Bahrain homes to feature facilities for disabled tenantsAll new government homes in Bahrain could soon be specially equipped to cater to the needs of disabled tenants. The Housing Ministry would have to instal special toilets, kitchens, doorknobs, lighting and other facilities dependin More… |
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Abu Dhabi property market ‘favouring buyers’Significant increases in supply across all sectors during a time of relatively weak demand and tight economic conditions are causing rents to correct from the unsustainable highs of the boom years, according to Abu Dhabi Real Estate Market Overv More… |
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$2.7m package for Seef Mall tenantsSeef Properties has announced a BD1 million ($2.7 million) relief package for tenants at Seef Mall in light of recent events which have impacted shopping activity across all shopping centres in Bahrain. The relief package is designed to pr More… |
