06.10.2011 - Abu Dhabi property market shows signs of stability
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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