Abu Dhabi property prices rise 4.1% in Q1 while rents stabilise
<p>Residential capital values in Abu Dhabi rose by more than 4 percent on average during the first quarter of 2021, according to <a href="https://valustrat.com/" rel="noopener ugc nofollow" target="_blank"><strong>leading real estate consultancy firm </strong></a>ValuStrat.</p>
<p>Residential rental values stabilised during the quarter, its new research also said.</p>
<p><strong>Also Read :</strong><a href="https://valustrat.com/abu-dhabi-q1-2021-real-estate-research" rel="noopener ugc nofollow" target="_blank"><strong> Abu Dhabi Q1 2021 Real Estate Research</strong></a></p>
<p>The ValuStrat Price Index (VPI) witnessed consecutive quarters of growth for Abu Dhabi’s investment zones for only the second time since 2016, as the previous quarter saw a 1 percent increase.Annually, capital values were just 3 percent lower than the first quarter 2020.</p>
<p>The weighted average residential value in Q1 was AED803 per sq ft, with apartments at AED878 per sq ft) and villas at AED623 per sq ft.</p>
<p>All properties monitored by the VPI saw quarterly growth in capital values ranging from 1.8–5.6 percent, ValuStrat added.</p>
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