UAE REAL ESTATE MARKET CONTINUES TO FLOURISH
Residential and office markets in the UAE are progressing due to business reforms and government initiatives such as the Golden Visa, a rebound in global travel, and increased tourism and retail activity from the FIFA World Cup Qatar 2022.
Abu Dhabi market recorded the delivery of over 1,000 apartments in the third quarter of this year across Al Raha Beach, Reem Island, Yas Island and Saadiyat Island communities.
Villas and townhouses faced strong levels of demand, on average villa rentals increased by 2% while prime villa community rents increased by 4% over the quarter.?