Abu Dhabi now faces challenges as a huge supply of high-end homes are expected to enter the market. Property prices in the emirate are expected to fall another 11 percent from here, a Reuters poll showed.
March 12, 2012 1:40
Abu Dhabi developer Sorouh Properties, the emirate's second largest developer by market value, swung to a profit in the fourth quarter, lifted by a rise in home and land sales.
February 15, 2012 2:01
Aldar Properties, bailed out twice by Abu Dhabi with rescue packages totalling over $10 billion, swung back into profit in 2011 on the back of land sales to the government and increased residential sales.
February 14, 2012 2:41
Investors' confidence begins to return as fears over global economy recede and oil prices rise.
June 21, 2010 3:53