Real Estate & Construction

Abu Dhabi Real Estate & Construction

Abu Dhabi’s office, residential and retail markets, long buoyed by undersupply, now face the opposite challenge, with a host of large-scale new completions coming on-line in recent years. This weighed heavily on sales prices and rental rates in 2016, although bright spots remain in the mid-market residential segment, as well as in prime up-and-coming neighbourhoods and commercial districts. In addition renewed demand for more affordable housing in Abu Dhabi has strained rents in the high-end residential sector with developers now shifting their strategies to include new mid-market developments. This has enabled double-digit returns on rental yields for some, making the mid-market segment a bright spot in an otherwise subdued residential market.

This chapter contains an interview with Mohamed Khalifa Al Mubarak, CEO, Aldar.

Share
Cover of The Report: Abu Dhabi 2017

The Report

This chapter is from the UAE: Abu Dhabi 2017 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Mohamed Khalifa Al Mubarak, CEO, Aldar
Mohamed Khalifa Al Mubarak, CEO, Aldar: Interview

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart