Friday 24 May 2013
 
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residential rents

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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Qatar housing rents ‘set for upward revision’

Residential rental rates in Qatar are projected to witness upward revision by 2010 as the two-year rent freeze lapses, says a recent study by Global Investment House, a top Kuwaiti investment company. In line with this, LifeStyle Homes and

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Dubai residential rent rise slows

The slowdown of residential rent increases in Dubai continued through the second quarter as well, according to a report. The quarterly real estate report from Asteco, a leading property services company, said no significant residential ren

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