News tagged "Rentals"

Dubai property prices fell at faster pace in 2018-end

Dubai property prices fell at faster pace in 2018-end

10th January 2019

According to *Gulf News report, property prices in Dubai started falling at a faster pace towards the end of the year, most likely brought on by the sheer volume of new homes being delivered. Much the same was being felt in the residential rental space as well, according to the latest Knight Frank report.[..]

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Bahrain issues edict on renting rules

Bahrain issues edict on renting rules

28th April 2015

Bahrain’s HRH Prime Minister Prince Khalifa bin Salman Al Khalifa on April 25, issued an edict adding an article to the executive bill of the Municipalities Law, a report said.[..]

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UAE Central Bank Hints at Dubai Real Estate Markets Likely Overheating-Land Department Denies Likelihood

UAE Central Bank Hints at Dubai Real Estate Markets Likely Overheating-Land Department Denies Likelihood

10th June 2014

On Sunday the UAE Central Bank came out with a warning that the real estate markets in Dubai were possibly overheating, stating in its financial stability report that, "Current average rental yields in Dubai and Abu Dhabi are approximately 70 and 130 basis points below historical averages, which could indicate growing imbalances - overheating real estate market. "[..]

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