Friday 11 July 2014
 
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residential rents

Bahrain plans draft law to regulate rents

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

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Bahrain plans draft law to regulate rents

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

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Bahrain rental rates static in Q3

The office and residential rental rates across Bahrain remained static during the third quarter although small space rental rates have started to creep upwards with diminishing supply, according to a report. The influence of summe

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Abu Dhabi residential rents down 4pc in Q2

Despite a noticeable rise in leasing activity during the first half of the year and record sales transactions, residential rental rates in Abu Dhabi have dropped four per cent during the quarter, said an industry expert. “Th

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Doha residential transactions hit 3-year high

Residential sales transactions in Doha during the second quarter of the year reached a three-year high, led by increased freehold purchase demand in prime areas and boosted by the recent Cityscape Qatar real estate showcase, a report said.

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Residential rents ‘firming across Dubai’

The selective recovery which was previously limited to Dubai Marina has created a ripple effect in the emirate as a result of which the overall Dubai rental index has registered a modest 1 per cent hike, a report said. This howeve

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Sharjah residential rentals ‘seeing new highs’

The rental residential market in Sharjah is moving back towards the peak of 2007 as a result of the rising rents in Dubai and an influx of people who are being priced out of the market, an industry expert said. Demand is now outst

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Abu Dhabi residential rates fall on oversupply

Residential rates in Abu Dhabi have fallen over the past 18 months due to oversupply and low demand, especially in older areas which continue to experience falling rents as people upgrade to more modern developments, a report said.

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Saudi residential rents surge in H1

The apartment rental rates in the Saudi cities of Riyadh and Jeddah rose strongly during the first half mainly due to massive demand for low and middle-income housing among both Saudi nationals and expatriates, according to a report.

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Jeddah residential rents up 14pc

The residential market in Jeddah gained momentum during the third quarter with the rental levels registering a 14 per cent growth over the year to date, said a report by property expert Jones Lang LaSalle. The market has seen a c

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