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Press Release: Northern Emirates property market at standstill

The Northern Emirates property market has stayed relatively stagnant over the past three months, with minimal price or rental movements. Continued supply, most notably in Sharjah will at some stage put downward pressure on rental prices but connection to electricity, water and sewerage continues to be a problem, slowing the pace of supply throughout the Northern Emirates, according to the latest data from Asteco Property Management.

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