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FINANCIAL NEWS
UAE’s real-estate sales bound to spike in 2016
18 Nov 2015
(MENAFN) Emeriti rents have deteriorated in most of the main villa communities in the three months to September timeframe, according to the latest issued reports and compiled data.
The decline however wasn’t that much encouraging as it only fell by average one percent in the popular Emirates Living communities of Meadows, Springs and Lakes, among other prime locations.
Moreover, top places still have premium rents, like one-bedroom apartment in Downtown Burj Khalifa hovers around USD32 thousand per annum, which is significantly and outrageously high.
Predictions say that 2016 will be a buyer’s market, with sellers willing to negotiate prices, thus with a steady decline in prices and decent investor interest statistical analysis suggests that next year may witness a rise in prices.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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