Government decree helps push house prices in Abu Dhabi higher | The National:
"Abu Dhabi house prices have risen by as much as 26 per cent over the past year, helped by an influx of government employees relocating to the capital and improving investor sentiment.
According to the property broker Asteco an influx of Abu Dhabi government employees moving to the capital to comply with a government housing decree and a general improvement in sentiment pushed up average house prices in the city 14 to 26 per cent over the year to September.
The news comes as the UAE real estate industry prepares to gather for the biggest property show in the region, the Cityscape exhibition, which is expected to attract an increase in exhibitor and visitor numbers on the back of soaring Dubai house prices."
'via Blog this'
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