Property sale and rental prices drop in Abu Dhabi

Property sale and rental prices drop in Abu Dhabi

Properties in Abu Dhabi are more affordable for both buyers and tenants this year.

That’s according to a new report from dubizzle, which found a softening in property prices across the Capital in the first quarter of 2018, compared to the same period in 2017, providing investors and renters with more negotiating power.

The area of Al Khalidiyah was found to have experienced the largest decline in apartment rents at 22 per cent, whilst Al Raha Beach saw the biggest drop in villa rental rates at 16 per cent.

Meanwhile, Al Ghadeer saw the most significant decline in sales prices with a decrease of 17 per cent.

 
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