Wednesday 5 August 2015
 
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Abu Dhabi residential rents up 3pc in Q2

Abu Dhabi residential rents rose on an average by three per cent during Q2 2015, and are expected to rise further this year as limited new supply enters the UAE capital, according to a new report. The second quarter witnessed only 1,647

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New properties check Saudi office market growth

Higher levels of demand for office properties in Riyadh and Jeddah in Saudi Arabia during the first half (H1) of the year were offset by new office completions, leading to stable vacancy rates over the period, a report said. As a

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Sharjah housing rents down 3pc in Q2

The residental property market in Sharjah witnessed a three per cent drop in rental rates during the second quarter as the northern UAE emirate started feeling the effects of a reverse relocation trend to neighbouring Dubai, said a report.

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Businessmen protest rent hikes in Bahrain

Bahrain’s business community continues to protest against a decision to raise leasing rates for industrial plots. Businessmen said the Industry and Commerce Ministry is determined to forcibly impose astronomical rates despit

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Businessmen protest rent hikes in Bahrain

Bahrain’s business community continues to protest against a decision to raise leasing rates for industrial plots. Businessmen said the Industry and Commerce Ministry is determined to forcibly impose astronomical rates despit

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Dubai home prices edge down in May

Dubai residential property sale prices decreased 1.29 per cent in May, marking a drop of 5.7 per cent year-on-year (y-o-y), a report said. Apartment sales prices registered a decrease of 1.19 per cent month-on-month (m-o-m) and al

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Saudi Arabia housing rents set for steep hike

There will be a sharp rise in apartment rental prices across Saudi Arabia over the next six months, thanks to the effect of the 30 per cent mortgage law, said a report. Stability is likely only in 2017, when the kingdom’s governme

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Tenants emerge winners in Sharjah as rents stabilise

The stability in rents across the residential property market in Sharjah, UAE, has moved tenants firmly into the driving seat, with many now using the weaker demand as an opportunity to negotiate for little or no increase in rents at renewal, sa

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Abu Dhabi property prices stable in Q1

The property prices in Abu Dhabi, UAE, remained relatively stable in the first quarter of 2015 even as there was a significant demand for affordable residential units, said a report. The real estate sector in the UAE capital saw a

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Sharjah property market feels Dubai ripple effect

The property market in the northern UAE emirate of Sharjah, saw rental rate stabilise in last three quarters of 2014 as slowdown in the neigbouring Dubai stalled tenant migration, according to a report. Throughout the Northern Emi

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