| From Thenational.ae: The slowdown in the property market is taking its toll on developers in Abu Dhabi and only 45,000 homes will be completed in the capital in the next four years, half of what was originally expected, according to a property consultancy.
The downwards revision of expected housing supply by Jones Lang LaSalle (JLL) could mean that rents remain high for longer than expected amid a continuing housing shortage. That may present a short-term challenge to the Government’s plan for rapid economic and population growth...........................Full Article: Source
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