(MENAFN) The UAE real estate sector, spearheaded by its two main markets Dubai and Abu Dhabi, will make positive increase this year.
Furthermore, the diversity of the UAE economy helped the country maintain these headwinds and players in its various business sectors.
Through 2016, average apartment prices in Dubai were down 11 percent to Dh2.29mn from the 2015 average of Dh2.57mn.
However, rents were down 6 percent on average in Abu Dhabi as well, but until prices stayed stable overall, coming down by only 1 percent on average across the year.
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