Thursday 6 March 2014

Abu Dhabi and Dubai among cities with fast growing premium property markets | The National

Abu Dhabi and Dubai among cities with fast growing premium property markets | The National:



"Dubai and Abu Dhabi have been named as two of the world’s fast growing premium property markets, according to research by Knight Frank.



The UAE’s two largest cities took advantage of improved economic indicators and a more stable real estate market to feature in the top 10 fastest-growing property markets in the global real estate consultancy’s Prime International Residential Index (Piri). The findings were contained in its Wealth Report for 2014. 




Dubai and Abu Dhabi property prices increased last year by 17 and 15 per cent respectively, putting the cities in seventh and eighth place in the global rankings."



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