| 30.10.2009 - Slowdown hits Abu Dhabi housing projects |
| From Maktoob.com: About 45,000 homes will be built in Abu Dhabi in the next four years, just half of what was planned, because of a property sector slowdown, UAE daily the National reported on Thursday, citing real estate consultancy firm Jones Lang LaSalle (JLL). Abu Dhabi has a shortage of residential units, while the market in neighbouring Dubai remains oversupplied with one in every four homes in the city being empty............................Full Article: Source |