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 Cluttons.
The average residential rents in Oman's capital Muscat fell by 5.9 per cent during the first quarter of the year, said a report.
The decline was led by the villa market, leaving average monthly villa rents at just over R
Rents in Sharjah’s residential property market are set to continue to decline throughout 2016, following an average fall of 5.7 per cent during Q1 which has dragged the annualised rate of change in rents down to -8.3 per cent, according to
The sales and rental rates in Abu Dhabi's residential sector remained relatively flat during the third quarter of 2015, but the office market in the UAE capital was steady through out the period, said a report.
The residential rents in Dubai fell by two per cent during the third quarter of 2015, as a fresh supply of around 2,000 new units entered the market, said a report.
The capital values for completed apartment units fell nine per ce
Residential rents in Dubai, UAE, declined by 3 per cent in the second quarter of the year in the face of 6,750 new housing units that were delivered during the period, a report said.
The new supply of homes took the total Dubai re
With weak oil prices eroding Bahrain’s economy, the residential market remains at high risk of losing its momentum of growth, with declines likely towards the end of the year as demand starts to wane, a report said.
The residential rental market in Abu Dhabi, UAE, witnessed solid growth in the first quarter increasing by 12 per cent over the past year despite the emergence of more challenging market conditions, said a report.
Over the past year, th
Housing prices fell slightly in Dubai, UAE, and rents were flat in the first quarter of 2015 in the emirate compared with the final three months of last year, a report by property consultants JLL showed on Monday.
The real estate market
Bahrain is set to discuss a draft law regulate rents and fast-track settlement of disputes between landlords and tenants in the kingdom.
Parliament is set to discuss a draft law setting out contractual obligations between landlord