Sharjah’s rent rates have increased seven per cent on average this quarter as Dubai residents look to relocate to more affordable accommodation, said a report.
The Q1 2014 Northern Emirates report from As
Khalifa Fund for Enterprise Development and Emirates Foundation for Youth Development signed a MoU for co-operation in social development section and to implement initiatives with social impact.
“This aims to create a framew
Sharjah’s residential rental market is on the ascendant, with the emirate recording steady rental rate growth over the last 12 months with an average rise of 16 per cent and fueling a reverse relocation trend, a report said.
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 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
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
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
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
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
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.