Villas set to lead price rebound in Abu Dhabi property market in 2021
<p>Villa prices and rents in Abu Dhabi could stabilise and even increase in 2021, with apartments likely to follow suit towards the end of the year, according to new research.</p>
<p><strong>Also Read</strong> :<a href="https://valustrat.com/valustrat-price-index-vpi-dubai-residential-capital-values-december-2020" rel="noopener ugc nofollow" target="_blank"><strong> Dubai Residential Capital Values January 2021</strong></a></p>
<p><a href="https://valustrat.com/" rel="noopener ugc nofollow" target="_blank"><strong>Real estate consultancy firm</strong></a> ValuStrat said market sentiment is expected to pick up and could head towards bottoming out during 2021 as the vaccination rollout continues.</p>
<p>Abu Dhabi non-oil GDP is forecasted to modestly rebound by 2.2 percent this year, according to Fitch Ratings.</p>
<p>ValuStrat’s data showed that the average residential value in the UAE capital was AED772 per sq ft in the fourth quarter of 2020, down 9.5 percent year-on-year.</p>
<p><a href="https://medium.com/@valustrat/villas-set-to-lead-price-rebound-in-abu-dhabi-property-market-in-2021-b5f119aa3d54"><strong>Website</strong></a></p>