Property News · January 27, 2017

Cost of buying or renting home in Abu Dhabi lower, Reidin says


The cost of buying or renting a home in Abu Dhabi fell in December, according to a report on Thursday from the property data company Reidin.It said the capital’s home prices were down 0.97 per cent from a month earlier and 3 per cent from a year earlier. It said rents were down 0.99 per cent and 2 per cent for the respective periods.As for Dubai, Reidin said home prices were down 0.21 per cent month-on-month and unchanged year on year. Rents were down 0.04 per cent month-on-month and down 5 per cent year on year.​The property research company Phidar Advisory earlier said that apartment rents fell 0.6 per cent in December compared with a quarter earlier while villa rents fell 0.8 per cent during the same period.business@thenational.aeFollow The National’s Business section on Twitter

Source : thenational.ae
Read more…Cost of buying or renting home in Abu Dhabi lower, Reidin says

You may also like...