Friday 28 April 2017
 
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Cluttons

Abu Dhabi real estate 'may see further fall'

Weak economic conditions, rising inflation, and high costs of living continue to curb demand in Abu Dhabi’s real estate market, resulting in high vacancy rates in both the residential and commercial markets, according to international real

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Dubai real estate market on course to stability: Cluttons

A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market ‘bottoming out’ before the end of 2017, according to leading international real estate consu

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Cluttons launches new mixed-use project in Oman

Leading international real estate consultancy Cluttons has joined hands with the Public Authority for Social Insurance to launch the award-winning mixed-use Taminat Complex in Muscat, Oman. Taminat Complex is a landmark developmen

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Dubai government's innovation drive spurs office sector

Dubai government’s ambitious innovation drive and the desire to position the city as the region’s leading tech hub, with a major focus on the technology-media-telecoms (TMT) sector, has fuelled activity in the city's office secto

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Sharjah rents down for second consecutive year

The 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

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Abu Dhabi property market softens over global flux

The recent global economic uncertainties have induced a ‘wait and see’ attitude in potential property buyers in Abu Dhabi and as a result real estate prices are softening in the emirate, a report said. The Abu Dhabi re

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Dubai real estate shows signs of stabilising in 2017

With average residential values down 7.4 per cent during the past 12 months in Dubai, the rate of decline is expected to slow heading into 2017 before reaching a new base towards the end of next year, according to international real estate consu

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Oman's residential rental rates down 2.3pc in Q3

The average residential rental rates in Oman fell by a further 2.3 per cent during the third quarter mainly due to the negative impact from the evolving demand dynamics in the market, said a report With continued stagnation across

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Bahwan names Cluttons as agent for Dubai project

Bahwan Group said it has appointed leading international real estate consultancy Cluttons as exclusive sales agent for its first residential tower in the UAE. Located conveniently off Burj Khalifa Boulevard, the Bahwan Tower is se

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Global economic crisis hits UAE office rental market

The impact of the softening global economy continues to hamper the UAE’s office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates, according to leading internati

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