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Apps help US customers rent from each otherWhether it is houses, cars, luxury clothing or sports equipment, more customers are opting to rent, borrow or lease than buy, and a range of new apps are helping them do it online. In the last two years, more than half of American More… |
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Quality is key in Abu DhabiPrime new developments have been able to sustain rental rates in the UAE capital while vacancy levels are increasing in older buildings, says a report. The demand for mid-to-low budget apartment More… |
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Dubai apartment rents move up; sales flat in Q3Quality residential developments in Dubai built upon their strong performance in Q2, with average rental increases in Q3 2012 of 2 per cent for apartments and 3 per cent for villas, a report said. More… |
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Dubai police hunt for man in rent scamDubai police are on the look out for a Saudi national who is at the centre of a major real estate rent scam in the city, a report said. The Criminal Investigation Department (CID) officials are More… |
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Saudi residential market posts solid Q1 growthThe Saudi real estate market witnessed solid growth in the first quarter with the residential prices on the rise in both capital Riyadh and the Kingdom's leisure destination Jeddah, according to a report. During the period, Riyadh saw More… |
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Bahrain moves against illegal labour campsBahrain has launched a nationwide crackdown on illegal labour camps to combat growing safety violations that put the lives of workers at risk. Landlords who illegally rent out houses as accommodations could be prosecuted as authorities inc More… |
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Confidence 'returns to Dubai residential market'The Dubai residential property market remained steady for the fourth consecutive quarter in a clear sign that confidence is returning to the emirate’s real estate market, according to a report. The H2 2011 report from Asteco, a l More… |
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Lifeline for Bahrain firmsEight companies near the old GCC (Pearl) Roundabout, which were threatened with eviction last year if they didn't agree to rent hikes of up to 13-fold, have been thrown a lifeline. They could still face a minimal rent increase, but massiv More… |
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Global office rents 'up for seventh quarter'The prime office rents across 81 global markets have risen for the seventh consecutive quarter reflecting an 8.2 per cent uplift since the bottom of the market in fourth quarter of 2009 and a 5.5 per cent increase year-on-year, said a re More… |
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Saudi Dar Al-Arkan sees earnings boost from rentSaudi-based Dar Al-Arkan Real Estate Development expects rent income to gradually rise from near-zero last year to SR1 billion ($266.7 million) by end-2015, its general manager said on Saturday. 'We expect a rent income of between SR30 More… |
