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Research

Report

Abu Dhabi Real Estate Markert Overview - Q4 2012


​Key Highlights:

 

The Abu Dhabi government has taken further important initiatives to help boost the real estate market. These include the awarding of the main construction contract for the Louvre Museum on Sadiyaat Island and the injection of AED 330 billion into capital projects over the next 5 years.

 

These announcements add to the 2012 commitments for major economic development, social development and infrastructure projects that will ultimately lead the market back to recovery. Most of these measures will, however, take some time to affect market conditions, which generally moved further in the favour of occupiers in Q4 2012.

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