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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, August 11, 2008

Abu Dhabi Property Market Prices Increased 100%

Abu Dhabi secondary property market booms
GulfNews - Dubai, United Arab Emirates
Abu Dhabi: The overwhelming demand and limited supply in Abu Dhabi's property market drove prices at the secondary market to the roof, according to industry sources. ..."If the average price of a villa in Al Raha was Dh2 million two years ago, we find it today selling at more than Dh4 million, and this simply is the outcome of the market's imbalances, where strong demand is facing a very tight supply," ...

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