Wednesday 22 November 2017
 
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Asteco

Abu Dhabi real estate hit by weak job market

Abu Dhabi continues to experience negative growth across all property types due to the weakness in the job market and reduced housing allowances, according to leading real estate consultancy Asteco. The average apartment rental ra

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Dubai’s apartment rents down 4pc as new supply hits market

Apartment rental rates across Dubai, UAE, were down four per cent and the sales remained flat during the third quarter as new supply added pressure to the emirate's rental market, said leading real estate consultancy Asteco. H

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Asteco leasing agent for Dubai mixed-use tower

Asteco, one of the region’s leading real estate firms, has been appointed exclusive leasing agent for Duja Tower, a unique building owned by Nasser Lootah Real Estate in the very heart of Dubai’s business district. Pro

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Asteco named sales agent for luxury Jordan villa

Asteco Jordan, a franchise of the UAE’s largest real estate firm, has been appointed as exclusive sales agent for the 175-villa Jordanian development Andalucía, near the country’s capital, Amman. Located on the

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Asteco appoints five new associate directors

Leading UAE real estate services firm Asteco has strengthened its commitment to staff development as five new associate directors are announced. Asteco's managing director John Stevens said: “This continues to

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Dubai housing sales prices 'continue to fluctuate'

The sales prices in Dubai's rental market continue to fluctuate with the average sales prices of apartments falling by three per cent, while the rates of villas remain stable, according to a report by leading real estate consultancy Asteco.

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Dubai residential rentals continue to slide in Q1

Apartment and villa rentals in Dubai, UAE fell an average of eight per cent year-on-year during the first quarter of 2017 as tenants remained budget-conscious, taking advantage of additional supply and competitive rates, a report said.

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Asteco signs first master franchise in Saudi Arabia

Asteco, a leading independent full-service real estate company in the Middle East, has added its first franchise in Saudi Arabia to its growing integrated network, taking the tally of franchises to 15 in the GCC. Following the sig

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Abu Dhabi rents set for further decline

The average rental rates in Abu Dhabi, UAE, for apartments and villas fell by seven per cent and five per cent respectively during 2016 and are expected to soften further in 2017, according to leading consultancy Asteco. The decli

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Dubai's affordable properties in big demand

The pressure is mounting on landlords across Dubai as budget-conscious tenants continue to place emphasis on downgrading to smaller units or relocating to cheaper communities to get better value for money, said a report. Apartment

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