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Real Estate Briefing - Categorized | Construction, Market Moves more

New units to ease Abu Dhabi realty crunch

Posted on 12 November 2010

From Gulfnews.com: There are 10,149 buildings under construction in Abu Dhabi, according to a survey by Statistics Centre-Abu Dhabi. “The outlook for the real estate sector in the short term will see these units gradually entering the market and raising the supply graph,” said the survey, which is the second phase of the national project to update buildings, housing, households and establishments for 2010.
Some 5,455 of the buildings under construction, or 53.7 per cent of the total, are in the Abu Dhabi region, 3,828 (37.7 per cent) in Al Ain, and 866 in the Western Region……………………………………….Full Article: Source


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