Saturday 25 February 2017
 
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residential rents

Abu Dhabi rents set for further decline

The average rental rates in Abu Dhabi, UAE, for apartments and villas fell by seven per cent and five per cent respectively during 2016 and are expected to soften further in 2017, according to leading consultancy Asteco. The decli

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Qatar Q4 residential rents down by 5 to 10pc

The residential rents across Qatar fell by an average of between five and 10 per cent in 2016, thanks to a spurt in good quality ‘affordable’ accommodation in peripheral suburbs, according to a leading regional real estate firm.

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Sharjah rents down for second consecutive year

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

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Muscat residential rents down 5.9pc in Q1

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

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Sharjah’s residential property rents set to drop further

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

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Abu Dhabi residential rents remain flat in Q3

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. Despite rental

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Dubai residential rents down 2pc in Q3

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

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Dubai residential rents drop 3pc during Q2

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

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Weak oil likely to hit Bahrain residential rents

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. Renewed

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Abu Dhabi residential rentals surge 12pc

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

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