Abu Dhabi property prices rise 2.1% in Q2 as Covid rebound continues
<p>Residential prices in Abu Dhabi’s real estate market rose by more than two percent in the second quarter of 2021, the third consecutive quarter of growth, according to new research.</p>
<p><strong>Also Read : </strong><a href="https://valustrat.com/abu-dhabi-q2-2021-real-estate-research" rel="noopener ugc nofollow" target="_blank"><strong>Abu Dhabi Q2 2021 Real Estate Research</strong></a></p>
<p>The <a href="https://valustrat.com/" rel="noopener ugc nofollow" target="_blank"><strong>leading real estate consultancy firm</strong></a> ValuStrat Price Index (VPI) for capital values in Abu Dhabi’s residential investment zones increased 2.1 percent quarterly to 65.8 points.</p>
<p>This was the first time the VPI has witnessed three consecutive quarters of growth since 2016, aggregating 7.2 percent since the fourth quarter of 2020.</p>
<p>Annually, capital values were 3.9 percent higher as the UAE capital’s residential market continues to recover from the impact of the Covid-19 headwinds of last year.</p>
<p>The weighted average residential value in Q2 was AED819 per sq ft, ValuStrat said in a report.</p>
<p>It added that all properties monitored by the VPI saw quarterly growth in capital values ranging from 1.2–2.7 percent during Q2.</p>
<p><a href="https://medium.com/@valustrat/abu-dhabi-property-prices-rise-2-1-in-q2-as-covid-rebound-continues-eb8f2c3534ec"><strong>Read More</strong></a></p>