Low Oil Price Takes Toll on Real Estate in UAE


Only 400 units were delivered during the April-June quarter in the capital, bringing the total residential stock to approximately 246,400 units. Khaleej Times More housing units are expected to be vacant in Abu Dhabi in Q3. This will have “a more dramatic impact” on residential rental demand, said property advisory company JLL Mena. There areContinue reading “Low Oil Price Takes Toll on Real Estate in UAE”