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Dubai inflation low in April despite rent hikeDubai's inflation remained muted in April compared to the previous month despite a jump in rents, data showed on Wednesday. Consumer price growth in Dubai, one of seven United Arab Emirates, started picking up in 2013 after a More… |
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Doha property market steady in first quarterThe Doha real estate market was marked by average sales, rental rates and stable activity levels during the first quarter of the year, reflecting a positive outlook as developers resurrect projects ahead of an infrastructure surge, a report said More… |
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Dubai residential sector 'on positive growth track'The residential sector in Dubai remains buoyant with rental rates rising by four per cent quarter-on-quarter amidst solid market fundamentals and steady economic growth, said a report. More… |
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Dubai real estate prices soar in MarchDubai real estate prices and rents have seen their 16th consecutive monthly hike in March, continuing the steady recovery in the sector and highlighting the return of investor confidence in the emirate, said a report. More… |
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Bahrain real estate sector 'bottomed out'The real estate sector in Bahrain has ‘bottomed out’ in terms of rental rates and sale prices during the first quarter, and it is also clear that huge pent-up demand is waiting to cash in on the Bahrain upturn – when it happens More… |
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Abu Dhabi market sees selective recovery in Q1The real estate market in Abu Dhabi witnessed a selective recovery during the first quarter as prime residential rents increased by 8 per cent in selected higher quality schemes, while rents in secondary quality residential stock continued to fa More… |
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Dubai office demand ‘will restart stalled projects’Increased consumer confidence and demand for office space in the first three months of the year will encourage previously stalled developments to restart in Dubai, a report said. Despite predictions of price rises, Dubai’s o More… |
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Dubai residential rates see robust growthThe residential property market in Dubai recorded robust growth in nearly all sectors in the last six months with the lower budget end of the villa market registering the sharpest rise in values of 20.2 per cent, a report said. Th More… |
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Saudi rents rise sharply in some areasThe residential rental rates in the Saudi cities of Riyadh and Jeddah rose sharply in 2012 mainly due to demand for low and middle-income housing units from both Saudi nationals and expatriates, said a report. There had been some More… |
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Saudi stresses on quality as new units come onlineWith thousands of new housing units set to come online in Riyadh and Jeddah over the next few years, the Saudi government is focusing on two key factors - environmental sustainability and the quality of property management, said a re More… |
