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Abu Dhabi supply needs to be met in four years
- United Arab Emirates: Monday, November 10 - 2008 at 11:07
Demand for real estate units in Abu Dhabi will be met in approximately four years, Urban Planning Council General Manager Falah Al Ahbabi told delegates at the MEED Abu Dhabi Conference: 'The economy is growing so fast but infrastructure and building will take at least four years. We are putting a lot of pressure on developers and we are going to solve the issue. Prices will stabilise, and supply is coming online.'
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Edward Poultney, Editor - EnglishMonday, November 10 - 2008 at 11:07 UAE local time (GMT+4)
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