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Abu Dhabi property market shows signs of stability

Posted on 06 October 2011

The Abu Dhabi property market showed signs of stabilisation during the last quarter (Q3 2011) with apartment rental rates declining just 6%, compared with 8% and 9% in the preceding two quarters, according to Asteco’s quarterly Real Estate Monitor.
Villa rental rates for Q3 were relatively static for the second consecutive quarter, however villas in off-island locations such as Mohamed Bin Zayed City and Khalifa City continued to slide by 5% on average……………………………………….Full Article: Source


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