News Archive: buy to let: 2011

11, 2011 October:

Rents in Abu Dhabi still falling, but at slightly slower rate

The Abu Dhabi residential property market is still sluggish as apartment rents continue to fall and sales levels remain low, according to the latest real estate data.

19, 2011 July:

Growing supply 'brings Abu Dhabi rents down'

Growing supply, combined with a cutback in government spending on economic diversification and infrastructure upgrade, will put additional downward pressure on rents and real estate prices in Abu Dhabi, said a report.

11, 2011 July:

Apartment rents fall 3% in Dubai

Apartment rents in Dubai fell 3% in the second quarter of the year while rents for villas remained stable, according to a new report by Asteco.

13, 2011 April:

Abu Dhabi rents drop 8 per cent in Q1

The apartments and villa rents in Abu Dhabi fell 8 per cent in the first quarter, signaling likely further decline this year as new supply hits the market, said property management firm Asteco in its latest report.

30, 2011 March:

Bargain rents drive businesses back to UAE

Similarly to the rock-bottom price deals to be had in Florida, commercial tenants are flocking back to Dubai as rents continue to drop. As a result, long-term tenancies that create a 'win-win' for landlords and lessees are now becoming more popular.

23, 2011 March:

Dubai apartment rents plummet by 30%

Rental prices in some of the emirate's most popular residential complexes have decreased by up to a third, reports the Real Estate Regulatory Agency.

04, 2011 March:

London, Germany top markets for holiday rental

A new report from holiday lettings site HomeAway.co.uk uncovers London and Germany as major growth markets for rental enquiries in 2011, with Dubai and Portugal also experiencing significant recovery.

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