Abu Dhabi Property

Abu Dhabi rents jump 24%
Abu Dhabi saw probably the biggest average annual rent increases ever recorded in the UAE in the year up to the end of March, with rents up 24%, according to a new survey from Asteco.
United Arab Emirates: Sunday, May 04 - 2008 at 10:10 |

Abu Dhabi a 'better buy' than Dubai
Last week Strutt & Parker held its first annual 'Prospects for Property 08' event in Dubai, to mark the opening of its UAE offices. But the UK international property consultant was quite clear in its conclusion that the best prospects for real estate investors are in Abu Dhabi, although it does not expect Dubai oversupply to be an issue until 2012.
United Arab Emirates: Monday, April 28 - 2008 at 10:03 |

Abu Dhabi five-year plan to underpin real estate market confidence
Publication this week of an ambitious five-year blueprint for the development of Abu Dhabi is likely to focus on boosting foreign investment and non-oil export activities, and can only strengthen confidence in this booming new real estate market. In short, it answers the question of where all the residents for the new towers are going to come from.
United Arab Emirates: Monday, April 21 - 2008 at 15:31 |

Falling cost of finance to boost Abu Dhabi realty prices
Abu Dhabi inaugurated the head office of a new finance company, Reem Finance this week after receiving final regulatory approvals from the UAE Central Bank and Ministry of Economy. Reem Finance joins the 23 other UAE home finance lenders now providing ample liquidity to the real estate market at a time of falling interest rates.
United Arab Emirates: Monday, April 14 - 2008 at 15:28 |

No reason for IMF to worry about UAE mortgage lending
In a week when the International Monetary Fund (IMF) has blamed the overexpansion of the mortgage industry for housing busts in the US and Spain, and named the UK, Ireland, France and the Netherlands as likely to suffer the same fate, it is interesting to reflect on just how far away from overleveraging the home finance market is in the UAE.
United Arab Emirates: Sunday, April 06 - 2008 at 12:20 |

Abu Dhabi real estate prices to surge 25%
A new report from HSBC predicts that Abu Dhabi property prices will surge by 25% this year thanks to a combination of soaring building material and labour costs, the falling value of the US dollar and low interest rates, and a shortage of completed property. In the year to the end of January, residential property advanced by an average of 30%.
United Arab Emirates: Sunday, March 30 - 2008 at 14:11 |

Smart money moving from Gulf stocks to Abu Dhabi property
The hot investment of 2008 is proving not to be GCC stock markets but real estate in Abu Dhabi. The benchmark Saudi Tadawul index is down 16% this year while UAE stocks are 5% lower. By contrast Abu Dhabi property prices are booming.
United Arab Emirates: Thursday, March 27 - 2008 at 09:26 |

Abu Dhabi real estate boom follows Dubai pattern
Even the hesitant start to the Abu Dhabi property boom was somewhat reminiscent of Dubai in 1999-2002, although doubt has been more quickly dispelled. But now we are seeing Abu Dhabi real estate shares power upwards like Emaar did in 2004-6 and the flipping of part-paid apartments like Dubai in 2005-6.
United Arab Emirates: Monday, March 10 - 2008 at 12:43 |