The Abu Dhabi property market has seen prices fall on average for both apartments and villas with significant changes in property prices for a few areas in the emirate from Q2, 2018 according to Bayut’s Q3 market report for Abu Dhabi.
The average cost for buying and selling property in Dubai has decreased from the last quarter of 2018 in most areas, but the price differences have been fairly modest in Q3 as per the real estate market report by Bayut.com.
The Gulf Cooperation Council was established in Abu Dhabi on May 25, 1981, with the sole aim of strengthening each other and promoting progress in the Gulf region. GCC union comprises six countries, United Arab Emirates, Kuwait, Saudi Arabia, Qatar, Bahrain, and Oman. Since 1981, all these countries have worked in harmony, each banking on its unique attributes or natural resources. But some have progressed further than others when it comes to real estate. Here we look at the top three realty markets in the GCC and discuss what makes them stand apart from the rest.