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‘Healthy growth’ in Dubai logistics sectorDubai’s industrial and logistics sectors witnessed a healthy growth in the first quarter (Q1) of the year, with a steady demand from new businesses entering the market and renewed confidence amongst existing players, a report said. More… |
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Abu Dhabi high-end property rentals up 8pcThe leasing market in Abu Dhabi remained strong in the first quarter of the year with good levels of demand increasing rental rates by as much as 8 per cent, particularly in the high-end segment, a report said. It was also a simil More… |
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Hertz expands supercar rentals in EuropeThe Hertz Corporation, the world's leading general use car rental brand, has expanded its Supercar offerings in Europe for Middle East travellers seeking the ultimate driving experience when on summer vacations this year. Prov More… |
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Dubai apartments value up 5pc in 2012Apartments in Dubai have increased in value an average 4.9 per cent since the beginning of 2012, and will continue to rise until the end of the year, said a report. While apartment rental values have increased 6.8 per cent in Dubai, the More… |
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Bahrain rentals see mixed demandRental rates in several emerging areas of Bahrain have continued to rise in 2012, with compounds enjoying occupancies up to 90 per cent, while rentals in the areas most affected by local unrest have dropped back to 2006 levels, said a report. More… |
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UAE property returns ‘3 times better than bank’The rental returns on premium real estate investments in the UAE are at least three times higher than having cash in the bank according to the Middle East’s largest private developer, Damac Properties. The rate of interest on a six-month f More… |
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Dubai Metro 'hotspots' in big demandProperty rentals close to Dubai Metro stations command rates from 10 to 20 per cent more than similar properties elsewhere, according to a major UAE-based property services company. As the supply of additional office and apartment building More… |
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Bid to resolve Bahrain mall rent rowTop officials from Dubai have flown to Bahrain to reportedly help resolve a rent dispute at one of the country's top malls. Industry and Commerce Minister Dr Hassan Fakhro yesterday met executives from the Al Futtaim Group, which owns More… |
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Bahrain residents moving to 'quieter' areasEstate agents have reported a mini-migration within Bahrain over the past two months, with people moving to areas deemed 'safer' than others. The result has been a drop in rents and property prices in certain places, following an i More… |
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Rents continue to decrease in Abu DhabiRents have continued to decline across Abu Dhabi, according to the November Leasing Guide for the city released by Landmark Advisory. “As expected, lease rates have continued to decline since our last lease guide in July 2010. This has imp More… |
