Tag: Rents
Systematic decline in marketing spending for real estate projects
The economic impact of the slump in real estate market on brokers is dramatic and results in systematic decline in marketing spending, not only...
Freelance Brokers and Agents are “illegal”
RERA, the Dubai’s Real Estate Regulatory Agency, once again is taking stern action to control the activities of freelance brokers and agents, as their...
Omniyat crosses AED 10 Million leasing milestone with the Square
The leasing division of Omniyat, one of the region’s most innovative property developers, has successfully leased 224 units representing an annual value of...
Dubai real estate investors angry
Ever since Dubai's property bubble spectacularly burst in late 2008, the emirate has been struggling to revive its shattered image. But the...
Residential rents continue to fall in Dubai
Landmark's new report on the Dubai market for June 2010 found that lower limits for a one bedroom apartment on the Palm Jumeirah...
Emaar’s commercial leasing offers customers choice of prime city locations
Emaar Properties PJSC, the global property developer, is offering commercial customers the opportunity to choose from two prestigious locations in Dubai for...
Long term trends for property prices in UAE
Property prices in the UAE aren't going to go anywhere until the end of 2011-12, according an interview with Charles Neil, CEO of Landmark...
Dubai among most expensive office markets
Dubai figures among the ten most expensive office markets i the world, according CB Richard Ellis Group (CBRE).
In its global office survey, CBRE has...
Focus on achieving Economic Growth
Unlike few years ago where the spotlight was on the GCC for property investment due to high capital growth rates, the spotlight has since...
Residential property prices and rents to decline by another 15-20 percent...
Dubai property prices may drop another 15 percent to 20 percent this year on an increase in supply as more real estate...
Abu Dhabi forms committees to settle rent disputes
The government of Abu Dhabi said that the emirate will set up committees to rule on rent disputes between landlords and tenants, which will...
New Decree on Rental Values in Dubai
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as the Ruler of Dubai, today...
Rent increase in Abu Dhabi to remain 5%
The period of the tenancy contract now can be extended to five years instead of four, as per the new article 20 of law...
Retail rents plummet around the world
Retail rents at the world's priciest streets plunge. Manhattan's retail rent drops to $1,700 per square foot.
Dubai rents continue to fall in Q2
Average rents for apartments in Dubai fell by up to 26% and for villas by 34% in the last three months compared with the...
Fine of AED 50 000 for sharing villa
Starting August, landlords will be fined AEF 50 000 for sharing villa, whcih is violation of municipal law.
Starting August 1st, the fine of AED...
The new unofficial Dubai Rental Index released
The Dubai Real Estate Regulatory Authority (Rera) released the new rental index, which was expected to show a 10 to 15 per cent drop...
Important revision of the original terms of the ‘One Villa, One...
On Sunday, the Director-General of Dubai Municipality - General Hussein Nasser Lootah said in a statement that more than one family will be allowed...