Property prices in Dubai rising much faster than in Abu Dhabi, latest figures suggest

Property prices in Dubai are continuing to rise and the average value of a home is now almost AED2 million higher than prices in neighbouring Abu Dhabi, according to data based on live market statistics from real estate portal property finder. The firm says the emirate is seeing steady growth as a broad recovery continues. ‘Average asking prices in Dubai stand at AED5.1 million while those in the capital figure at AED3.3 million,’ said Renan Bourdeau, managing director and partner at propert...