RIYADH: Abu Dhabi’s residential property market continued to post robust price growth through June, led by waterfront communities, while the office sector recorded its first annual decline in leasing activity in years, new data showed. Apartment prices on Yas Island and Al Reem Island each rose about 18 percent year on year through June, according to Knight Frank’s latest Abu Dhabi Residential and Office Market Review. Al Saadiyat Island retained its position as Abu Dhabi’s most expensive apartment market, with average transaction prices of around 43,100 UAE dirhams ($11,735) per sq.

RIYADH: Abu Dhabi’s residential property market continued to post robust price growth through June, led by waterfront communities, while the office sector recorded its first…

Apartment rates on Yas Island and Al Reem Island increase nearly 18%, Knight Frank says