Abu Dhabi property prices to increase 'until 2012'
A new report by Morgan Stanley has predicted that property prices in Abu Dhabi are set to continue rising until at least 2012, by which point supply is expected to catch up with demand. This is fuelled by a shortage of properties, caused in part by the lingering effects the building moratorium of the 1990s, meaning that some workers are forced to commute from Al Ain or Dubai.


Posted originally: 2008-08-06 04:28:56

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