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Abu Dhabi’s property market follows Dubai’s growth path: report

Posted on 16 April 2013

The gap in rental and sales prices between the UAE’s capital Abu Dhabi and Dubai is narrowing in the first quarter of 2013, reflecting that Abu Dhabi’s property market is following Dubai’s growth path, a report said Sunday.
According to the report released by Dubai-based real estate agency Asteco Property Management, average rental rates in Abu Dhabi rose by eight percent in the first three months this year, while sales prices in upscale areas soared by 13.5 percent………………………………………..Full Article: Source


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