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Abu Dhabi property values to keep climbing
- United Arab Emirates: Thursday, December 11 - 2008 at 07:44
A new report by Citigroup predicts that property values in Abu Dhabi will continue to rise in the short term despite the difficult financial conditions that are slowing down the UAE property sector. Unlike Dubai, demand in Abu Dhabi still outstrips supply for all segments of the property sector, the report noted. In addition, Abu Dhabi is able to finance and ultimately purchase all of its current projects in progress, said Citigroup.
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Jeff Florian, Senior ReporterThursday, December 11 - 2008 at 07:44 UAE local time (GMT+4)
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