ABU DHABI // The sales price of residential houses and apartments has risen 53 per cent in the past 12 months.
Research by property consultants Colliers International for year ending March 31 shows the prices rose by more than half compared to 18 per cent in the same period in the previous year.
Colliers also found that occupancy levels have reached 98 per cent in the capital and that rents for new leases would continue to rise as the market will remain under supplied for the next three years.
Read more @ the SOURCE: The National Newspaper – Abu Dhabi house prices increase 53 per cent .
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