Tuesday 21 November 2017
 
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property prices

New tax 'to hit Bahrain property prices'

A new tax imposed by Bahrain on infrastructure development could cost commercial developers hundreds of thousands of dinars extra for large projects, said a report citing an MP. The tax was introduced earlier this month and impose

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Dubai property prices marginally down in Q2

The property prices across Dubai, UAE, witnessed a marginal drop as fresh supply in the apartment, villa and commercial segments continued to place downward pressure on rental rates and sales prices, according to a report. This tr

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Building materials rate hike 'may push up property prices'

An increase in building materials price could push up the prices of apartments, villas and office space, if not contained in the next few months, said a Dubai-based property developer. “The escalation of certain building mat

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Saudi white land tax 'to cut property prices by 40pc'

The introduction of the 2.5 per cent annual tax on unused land by the Saudi government is likely to bring down the property prices by up to 40 per cent in areas outside the main cities, said a report. The new 'white land tax&#

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Dubai residential property prices down 4.9pc

The residential property prices in the rental market in Dubai, UAE, plunged 4.9 per cent year-on-year (y-o-y) in March owing to a steep fall in apartment and villa prices compared to the same period last year, said a report. The D

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UAE property prices likely to drop further in 2016

The real estate prices in the UAE are likely to continue declining this year mainly due to the oil slump which has inturn dampened the hiring and expansion plans of energy firms besides the softening of non-oil private companies' business ac

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Dubai property price slump linked to forex flux

Real estate demand in Dubai, UAE which fell significantly in the first half (H1) of the year continuing into the third quarter, was driven primarily by currency fluctuations, indicating a very low propensity for international real estate investm

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Dubai property prices likely to fall 20pc in 2015

Dubai residential property prices are likely to fall 10 to 20 per cent this year because of subdued demand, slower economic activity and downbeat investor sentiment, credit rating agency Standard & Poor's (S&P) said on Monday.

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Abu Dhabi property rents, price stable in Q1

Property leasing and selling prices remained relatively stable in Abu Dhabi, UAE, for the first quarter of 2015, according to a report. The trend is in anticipation of the awarding of mega projects in Abu Dhabi and Dubai which are

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Abu Dhabi properties stable after 6-month rise

The real estate market in Abu Dhabi is stabilizing after six months of rising values, which resulted in  yields being eroded, lower loan to value ratios and limited availability of quality apartments, a report said. Despite t

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