Wednesday, 11 July 2018

Abu Dhabi, Al Ain house rents continue to decline | ZAWYA MENA Edition

Abu Dhabi, Al Ain house rents continue to decline | ZAWYA MENA Edition:

Villa and apartment rents recorded a continued decline in Abu Dhabi and Al Ain in Q2 2018, according to Asteco, a property services company.

In Abu Dhabi, apartment and villa rents decreased by two per cent and four per cent in Q2 2018, and witnessed an annual drop of 10 per cent and nine per cent respectively.

The highest drops in the villa rental market since Q2 2017 were registered for Golf Gardens (14 per cent) and Al Raha Gardens (13 per cent).

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