Saturday 18 May 2013
 
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Northern Emirates

Utility connections drive N Emirates rents

Apartment rents across northern UAE, which fell last year owing with problems with connection to electricity and water, are now picking up as utility connections improved for residential buildings, according to a report. The

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N Emirates property market 'remains stagnant'

The apartment and villa rental rates remained broadly unchanged in the fourth quarter of 2011 with limited transaction activity set to continue, according to leading property consultancy Asteco. Asteco in its Q4 2011 report said the rates

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NBAD opens 1st academy in N Emirates

The National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, has expanded its training facility with the inauguration of a state-of- the-art academy in the Northern Emirates, the Bank’s second in the UAE. Located between Dubai-Sharjah

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N. Emirates apartment rents witness big fall

The lease rates in apartments across the Northern Emirates are witnessing a major fall with the biggest drop recorded in Ajman where rates fell by 28 per cent, said a report by CB Richard Ellis. This was largely due to excess supply a

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UAE to focus on northern emirates, jobs

The United Arab Emirates is aiming at more infrastructure investment in its less developed northern emirates and creating more jobs for nationals this year, its economy minister said on Monday.    The UAE, which has escaped

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Northern Emirates property market ‘stagnant’

The Northern Emirates property market has stayed relatively stagnant over the past three months, with minimal price or rental movements, said a report. Continued supply, most notably in Sharjah will at some stage put downward pressure on r

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Sharjah, Ajman apartment rents down 8pc

Apartment rentals remained flat across the Northern Emirates in the second quarter of 2010, while prices in Sharjah and Ajman dropped by nearly 8 per cent as an increase in supply allowed tenants more choice, said an Asteco report. Th

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Sharjah 'costliest, UAQ most affordable in N.Emirates'

Sharjah is the most expensive place to live in the Northern Emirates, while Umm Al Quwain offers the most affordable annual rental rates in the region, according to a report by Asteco, a leading property services company in the UAE.

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BBG elects new committee

The British Business Group, Dubai and the Northern Emirates, (BBG), which promotes British business in the UAE, has seen a number of changes to the committee line-up following the election of a new committee for 2009-2010. “With the breadt

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