Abu Dhabi's housing shortage to ease in 3 years

United Arab Emirates: Thursday, May 15 - 2008 at 08:58

Abu Dhabi's housing shortage will ease within the next three years as projects under construction will provide new supply to the market, the executive director of Abu Dhabi's Urban Planning Council told Gulf News yesterday at Cityscape Abu Dhabi. Al Hosani said the new areas will cater to both the high and middle income segements of the emirate's population. He said one example is Mohammad Bin Zayed City, which will offer 30,000 units targeted at the middle class.

Jeff  Florian Jeff Florian, Senior Reporter
Thursday, May 15 - 2008 at 08:58 UAE local time (GMT+4)

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