reveals Q2 report

August 3, 2014 2:34 am released quarter two report showing property prices and rents are rising, as average prices of apartments and villas across key residential communities in Abu Dhabi, Zawya reported. While studio prices in the emirate stand at Dhs689,000, a one bedroom in the city costs Dhs1.3m and a two bedroom apartment, Dhs2m. “We’ve released this data based on for-sale homes and rentals listed on our site. Topping the list of places for buying property in Abu Dhabi is Al Reem Island, followed by Al Reef and Al Raha Beach. Al Ghadeer enters the top 10 this quarter; its appeal seems to be rising as it did not make the list in Q2 2013 and 2012,” said Michael Lahyani, CEO and Founder of, the UAE’s leading property site.