Abu Dhabi Saadiyat pads need more than Louvre opening to lift prices

Abu Dhabi Saadiyat pads need more than Louvre opening to lift prices:

"Abu Dhabi’s top addresses on Saadiyat Island have shed more than a quarter of their value since 2015 new research has found. Despite the opening of the Louvre on the island in November, prices remain under pressure according to Cluttons even as the sider market shows signs of stabilization. 
Sea-facing villas on Saadiyat Island, which are some of the most expensive in the emirate at 1,700 dirhams ($463) per square foot, have seen no movement in prices for the past two consecutive quarters, Cluttons found."



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