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Dubai property prices and rentals stabilise in Q2

Posted on 06 September 2011

Pace of decline for sale prices and rentals across Dubai’s real estate market slowed in the second quarter 2011, reflecting “signs of stability”, while Abu Dhabi continued to witness declines on back of oversupply, says a new report.
Apartment rents in Dubai fell two per cent after registering a similar decline in the first quarter, Global Investment House said. Villa rents remained stable without any significant declines after falling a mere percent in the fourth quarter of 2010……………………………………….Full Article: Source


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