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John Stevens

John Stevens latest

Unlike a general perception that rents will go up ahead of Expo 2020, residents will be paying less rents due to a supply-and-demand correction
September 29th, 2019 - 06:30 GMT

Residential Rents in Dubai to Stay Lower Despite Expo 2020

Residents in Dubai are expected to enjoy lower rents next year despite a pick-up in economic activity and preparation for Expo 2020 as more units will come online and increase competition in the market, experts say. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-9…","video_id":"995a3147-c246-4af2-9c37-ed6407bdb75f","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"10 Highest Cinema Ticket Prices Around the World"} Unlike a general perception that rents will go up ahead of Expo 2020, residents will be paying less rents due to a supply-and-demand correction, subdued population ...
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In Abu Dhabi, apartment and villa rents decreased by two per cent and four per cent in Q2 2018. (Shutterstock)
July 12th, 2018 - 10:46 GMT

It Is the Right Time to Rent in These UAE Cities

The introduction of 5 per cent VAT was more or less offset by reduced rents in the UAE housing market. (Pixabay)
May 23rd, 2018 - 06:46 GMT

Drop in House Rents Soften VAT Impact in UAE

In Q1 2018, 2,431 female investors purchased over Dh4.4 billion in the Dubai property market, according to the Dubai Land Department. (Shutterstock)
May 6th, 2018 - 08:04 GMT

Women Accounted for 30 Percent of Dubai Realty Transactions in Q1 2018

Mid-end and low-end areas with the largest declines in rents include Al Reef Downtown, Khalifa and MBZ City. (File photo)
October 25th, 2017 - 08:37 GMT

Abu Dhabi Rents Fall on Oversupply, Weak Job Market

The drop in Abu Dhabi rents is expected to persist throughout 2017. (Shutterstock)
July 20th, 2017 - 11:44 GMT

Drop in Abu Dhabi Rents to Persist Throughout 2017: Report

Dubai
March 16th, 2015 - 04:55 GMT

Dubai apartments now up to $100,000 cheaper

Al Bawaba
February 25th, 2015 - 05:57 GMT

Nothings lasts forever: Dubai rents dropping on oversupply

The impact of tenants choosing to remain in their accommodations rather than relocate to another location has also contributed to the slowdown in the growth of rents, Asteco added
February 22nd, 2015 - 06:40 GMT

About time: Dubai's rents to soften in 2015 due to increasing supply

Al Bawaba
October 20th, 2014 - 03:55 GMT

Could the trend be reversing? Dubai rents fall for first time since 2012

The overall positive market sentiment at the start of 2014 has also seen the reprisal of a number of stalled residential projects and launch of several new projects in the Northern Emirates,
July 16th, 2014 - 02:08 GMT

Ajman: a viable, more affordable property market?

The Palm Jumeirah continued to be the most expensive area to rent a villa, the report found
February 3rd, 2014 - 04:47 GMT

Dubai's rents are up 50% and it's certainly about to get worse

“While demand is predominantly for medium sized units of 150 to 250 sq m, the majority of owners offer larger sizes of 400 sq m and above in the form of half and full floors,” added Stevens.
October 24th, 2013 - 11:22 GMT

Buying or renting in Jordan? Here's what you should consider

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