Capable of handling 765 vehicles, it is the first of several large-scale robotic car parks being built to address growing parking problems in the United Arab Emirates.
The car park is a key complementary feature of …Read full article » United Arab Emirates: Wednesday, August 12 - 2009 @ 13:45
According to Elaine Jones, CEO, Asteco Property Management, the UAE’s political stability, well-established financial credentials and strategic location has always attracted inward investment and currently could well be viewed by many as a safer haven. …Read full article » United Arab Emirates: Wednesday, March 09 - 2011 @ 13:44
“With a combination of summer holidays and Ramadan which culminated in low demand putting pressure on landlords, tenants relocated for better rents and/or terms, causing apartment leasing rates in Sharjah to fall by 5% on …Read full article » United Arab Emirates: Sunday, October 16 - 2011 @ 13:29
The Asteco Northern Emirates Q3 2010 report reveals that Al Yarmouk was the best performing area of Sharjah with no change in rents between Q2 and Q3, putting three-bedroom properties at Dhs37,500 per annum. Overall, …Read full article » United Arab Emirates: Wednesday, October 13 - 2010 @ 14:09
But the good news is prices are likely to stabilise in the medium term.
Rents for one, two and three-bedroom apartments in Dubai rose by an average of 38 per cent over the last 12 months …Read full article » United Arab Emirates: Tuesday, November 08 - 2005 @ 15:41
The Asteco Q2 2010 Report said that no change was recorded in the sales price of apartments and offices, with flats in Dubai International Financial Centre (DIFC) and on Palm Jumeirah still commanding the highest …Read full article » United Arab Emirates: Wednesday, July 14 - 2010 @ 13:12
Commenting on the announcement, John Stevens, Director, Asteco Property Management, said, “This is not the first complex in the city to receive approval, but as a mixed-use resort community with multiple facets, naturally we …Read full article » United Arab Emirates: Sunday, January 29 - 2012 @ 15:18
A combination of increasing vacancy rates in certain areas and the introduction of stricter tenancy rules in the emirate were cited as the main reasons for the decline, after a positive start to the year.
“New …Read full article » United Arab Emirates: Sunday, July 08 - 2012 @ 13:15
The residential leasing market in the Northern Emirates continues to follow the upward trend witnessed throughout 2013, which was particularly apparent in Sharjah, Ajman and Ras Al Khaimah (RAK) where apartment rental rates, year-on-year, increased …Read full article » : Wednesday, February 05 - 2014 @ 12:44
According to the latest Q3 2012 report from leading UAE property management company Asteco, many of the quality developments have generally been able to sustain their current rental rates over the last quarter given strong …Read full article » United Arab Emirates: Sunday, September 23 - 2012 @ 14:04