Dubai's residential rental rates down in Q4The residential sector in Dubai, UAE, experienced further modest declines in rentals during the fourth quarter of 2016, with a one per cent dip in average leasing rates recorded, according to the Dubai Annual Market Update Report by global real More… |
UAE’s residential sector set for further declineAs the local economy continues to adjust to softening global conditions, overall residential values and rents in Dubai, Sharjah and Abu Dhabi are set for a further decline for the remainder of 2016, according to leading international real More… |
Dubai residential property prices down 10pc in Q1The residential property prices in Dubai, UAE, fell 10 per cent in the first three months of the year due to a strong dollar and also because buyers had less cash to spend following the oil price slump, said a report. The Dubai re More… |
Abu Dhabi homes sector opens up for mid-level buyersAbu Dhabi will see existing residential supply augmented by the handover of 3,500 units and a rush of standalone tower projects during the second half of the year, offering mid-level investors a wide choice of properties, a report said. More… |
Kuwait real estate sales up 11pcKuwaiti real estate sales recovered in September registering a 11.2 per cent year-on-year growth to hit KD199.5 million ($722 million) after slowing down in August mainly due to Ramadan, said a report. The Kuwaiti residential sector accoun More… |