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Asteco

Robust performance in UAE real estate market in Q3: Asteco

Asteco's Q3 2024 real estate report reveals a dynamic UAE property market characterised by sustained growth in Abu Dhabi, continued momentum in Dubai and increasing activity in the Northern Emirates.    

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Abu Dhabi, Dubai real estate markets remain resilient in Q2

The Dubai real estate market has continued to significantly outperform many of its worldwide peers, while sales activity for completed and off-plan developments in Abu Dhabi reached highs not seen in almost a decade, according to Asteco, a lea

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UAE's residential market robust in Q1, says expert

The real estate market activity in two of UAE's major markets - capital Abu Dhabi and Dubai - remained strong in the first three months of the year as a result of government initiatives, economic growth and improved market sentiment, accor

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Asteco completes fire-rated cladding at Palm Jumeirah project

Asteco Property Management has announced that the new UAE Civil Defence-approved fire-rated cladding panels have been installed across the seven-building mixed-use integrated community project - Oceana Palm Jumeirah in Dubai. 

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UAE's real estate market rental, sales prices up in Q2

The resurgence of the UAE’s real estate market continued in Q2 with some segments seeing double-digit growth in sales prices, according to property management expert Asteco.    The villa rental and sal

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Abu Dhabi, Dubai villa rents witness slight increase in Q1

The UAE residential property sector had witnessed significant activity in the first quarter with the villa market rental rates in Abu Dhabi and Dubai posting a slight increase despite the ongoing economic challenges and Covid-19 concerns, acco

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UAE’s real estate resilient in Covid; rough days ahead, says expert

The UAE’s real estate sector has shown an unexpected level of resilience in the face of serious challenges created by the pandemic, according to the Q4 2020 UAE Real Estate Report published by the Property Management company Asteco.

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Asteco launches direct debit system for UAE rent payments

Asteco, the leading property services company in the UAE, has launched a digital payment service that allows its tenants to pay their rent through direct debit. Eliminating the need for post-dated rent cheques, the move is expecte

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UAE's residential rents under pressure in Q3

With residential rents maintaining a downward trajectory during the third quarter, the UAE real estate sector is under tremendous pressure this year and this trend is likely to spill over into early 2019, according to Asteco, the UAE’s lar

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Dubai's residential rents down in Q2, says report

Dubai's real estate market is under pressure due to a continued decline in villa and apartment rental rates and sales prices during the second quarter, according to Asteco, a leading property services company in the UAE. The r

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