23.10.2008 - Abu Dhabi realty stabilises
From Zawya.com: Prices of land and property in Abu Dhabi are now stable while rents of both residential and commercial units have continued to go up since 2005, according to major real estate agents. Board Chairman of Al Hosn Real Estate Dr Mohammed Nuaimat told Emirates Business that prices of property and land are still high, "and we are waiting for a just correction". He said most certainly the market still maintains its value and attraction. He said many real estate agencies and companies are convinced that investment in real estate is much better than in the stock exchange since the sector is stable and offers high returns..... Full Article: Source
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