28.09.2012 - Abu Dhabi’s property market awaits the turnaround |
It is no secret that Dubai’s residential market is starting to move into positive territory, with the second quarter of 2012 witnessing rental increases of approximately 2 and 5 per cent for apartments and villas respectively. However, Abu Dhabi remains a different story. During the second quarter, rents fell by between 3 and 5 per cent compared to the first quarter and by 15 to 25 per cent compared to the same period in 2011...............................................Full Article: Source |