Abu Dhabi rents continue to fall as capital values drop
- United Arab Emirates: Wednesday, April 15 - 2009 at 15:45
Rental returns for villas and apartments across Abu Dhabi have fallen in Q1 2009, however a new report says that these remain attractive as the drop had been in line with a lowering of capital values. The fall in rental asking prices comes as many companies lower the accommodation component of employees' salary packages, as a means of dealing with current market conditions.
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