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Fresh supply of residential apartments sees softening of Abu Dhabi rents

Posted on 15 July 2009

From Zawya.com: Rents for apartments in Abu Dhabi are showing signs of further easing up with the completion and handover of several residential projects in the capital and an increased preference by tenants for villas off the island.

The Abu Dhabi Report for Q2 2009 issued today by Asteco, the UAE’s largest property services company, showed that the capital was finally seeing a shift in the market, with the buyers and tenants being able to dictate their terms when selecting their property…….Full Article: Source


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