Wednesday 7 December 2016
 
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Rentals

Abu Dhabi's office, luxury residential rentals fall

Office and luxury residential rentals continued to slide in Abu Dhabi, UAE, amidst weakening demand levels, even as the affordable housing sector showed modest rental growth in the third quarter of this year, according to the Q3 2016 Abu Dhabi M

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Abu Dhabi property yields at 5pc as rentals fall

Abu Dhabi property yields continue to be attractive to investors with an average return of 5 per cent despite a 2 per cent decline in residential rental rates, said a new report by Chestertons Mena, a leading international property agency.

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Dubai Tourism, Airbnb ink MoU to strengthen short term rentals

Dubai’s Department of Tourism & Commerce Marketing and Airbnb, a leading community-driven hospitality company, have signed a Memorandum of Understanding (MoU) to help promote responsible hosting and help grow and diversify tourism in t

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Abu Dhabi apartment rentals see moderate growth

Residential rents for apartments in Abu Dhabi have seen a moderate rental growth as supply and demand move towards equilibrium, said a report. Overall, capital values for completed apartments have remained broadly stable, driven b

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Dubai's prime area apartment Q4 rentals unchanged

The rentals in the majority of the apartments sector across prime areas in Dubai, UAE, did not witness any change in the fourth quarter of 2015, according to a property expert. However, locations such as Jumeirah Park observed a s

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Growing supply ‘to hit UAE property rentals’

The rental market in the UAE’s real estate sector will soften further in 2016 due to the widening gap between the demand and supply ratio, said Chestertons, an international property agency. The company also stated that deve

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Rental cap to keep Abu Dhabi property buoyant

The re-introduction of a rental cap and increase in affordable housing will see Abu Dhabi property staying  buoyant through 2015, said an industry expert, highlighting the UAE emirate’s strong growth potential and rise in demand for p

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Saudi construction equipment rentals to see big growth

The construction equipment rental market in Saudi Arabia is projected to surge at a compounded annual growth rate (CAGR) of over 12 per cent during 2014-20, according to a new report. Key factors driving the market include the con

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Occupancy-rental gap likely to widen in Mideast region

The performance gap between projects offering high quality amenities, sufficient parking, accessibility and international standards of property management, is likely to widen in terms of higher occupancy and rental levels, a report said.

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Occupancy-rental gap likely to widen in Mena

The performance gap between projects offering high quality amenities, sufficient parking, accessibility and international standards of property management, is likely to widen in terms of higher occupancy and rental levels, a report said.

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