Abu Dhabi?s property market unchanged in Q3 2014

The Abu Dhabi real estate market has seen little or no movement in residential sales or leasing prices in Q3 2014.

Modest price increases and decreases have been recorded in localised communities, however growing confidence and improved investor sentiment are likely to support sustainable growth in the short to medium term.

Although average apartment sales prices changed slightly quarter on quarter, a 28 per cent increase was witnessed annually until the end of Q3 2014. This trend was mirrored by villa sales prices, which have been flat in Q3.

However, despite the limited availability of stock, they still achieved an average annual increase of 14 per cent across the market.