Abu Dhabi homes market faces another year of decline - report | ZAWYA MENA Edition

Abu Dhabi homes market faces another year of decline - report | ZAWYA MENA Edition:

"Abu Dhabi's residential property market is likely to see further declines in both sale prices and rents over the next 12-24 months, but its mid-term prospects are beginning to look brighter, according to the head of consultancy firm Core Savills. Its Abu Dhabi Residential Snapshot published on Tuesday states that although prices and rents are continuing to soften, the pace of decline is starting to slow.  "The feeling and the sentiment is less negative than it was a year or two ago," David Godcheaux, the chief executive of Core Savills, told Zawya in a telephone interview on Monday. "



'via Blog this'