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Issue No 314 - 25 Jan. 2010
 
 
Dubai crisis overshadows Q4 house price rise
House prices in Dubai, hit hard by the global downturn, registered a second quarterly rise in the fourth quarter but fell in December as the emirate's debt crisis dampened sentiment, according to a report by Colliers International.more
 
Sharjah rents fall 5pc in Q4
Apartment rents in Sharjah, the third-largest emirate in the UAE, fell 5 percent in the fourth quarter from the previous quarter, as improved demand slowed a price decline, Asteco said on Monday.more
 
 
DSOA picks Harbor Real Estate as sales agent
Harbor Real Estate has been appointed sales and leasing agent by Dubai Silicon Oasis Authority for its Cedre Villas project in Dubai.more
 
RealCapita luxury villas 'selling fast'
Forty-seven luxury villas in Jasra were launched by Bahrain-based Company RealCapita during a ceremony. Half of them have already been sold, with prices ranging between BD300000 to BD600000.more
 
Bahrain plans 5pc cap on rent increase
Landlords in Bahrain may soon be allowed to raise rents only by five per cent every two years, if a new Shura Council bill is approved.more
 
Dubai ready to host UN headquarters
Dubai said on Friday it has offered to host the headquarters of the United Nations should the global organization want to leave New York, a sign the Gulf emirate's ambitions remain high despite its debt problems.more
 
New laws on way to protect Bahrain tenants
A new unified lease law to protect tenants and landlords could be soon implemented in Bahrain, if a Shura Council bill goes ahead.more
 
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