Abu Dhabi Property Report

Abu Dhabi Report for Q1 2009 issued by a renowned real estate firm based in UAE showed that a limited supply of residential and commercial units was the main reason for the high demand for quality apartments and offices in Abu Dhabi. Development, designing and branding firms working in Gulf region are very positive about the Abu Dhabi property market as Plan Abu Dhabi 2030 that will house 2 million people over a period of the next 20 years has been made public. A surge in the rates of Abu Dhabi real estate is expected shortly as real estate demand outgrows supply.