Abu Dhabi rentals dip slightly in Q4

12 January 2010

According to a report from property services firm Asteco, increased supply of residential units in Abu Dhabi during the last quarter of 2009 had led to a marginal drop in rental prices, Reuters has reported. 'The growing availability of units and a revival in market activity after a traditional slow summer period have resulted in a minor downward fluctuation in the cost of renting in Abu Dhabi,' the company said in its quarterly report.

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