JLL: Abu Dhabi residential rents up 4% in 1Q15


Jones Lang LaSalle IP Inc. noted in its Abu Dhabi Real Estate Market Overview for 1Q15 that residential rental growth continued at 4% (following an 11% rise in 2014). This was due to limited supply of high quality properties and the removal of the price cap. Sales were subdued in 1Q15. This was because of subdued investor sentiment following the fall in energy prices through late 2014.

Source : 31 March 2015/JLL/Abu Dhabi/RES