Abu Dhabi property price up 25 percent in in 2013


(MENAFN) Abu Dhabi's property prices increased in 2013 by up to 25 percent, but the significant gains were limited to prime projects, Arabian Business reported



Jones Lang LaSalle's Abu Dhabi Market Overview Q4 2013 report said that prices surged six percent in the fourth quarter of last year alone



The report said that prime residential rents went up on average by 17 percent during 2013 and by eight percent in the last quarter



Regional director and head of Abu Dhabi office at Jones Lang LaSalle, Middle East & North Africa said: "The residential sector is leading Abu Dhabi's market recovery.


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