Abu Dhabi — Mubasher: The residential property market in the UAE has continued to register a decrease during the third quarter of 2018, according to recent data by the Central Bank of the UAE.
In Dubai, the residential real estate market declined by 7.4% in Q3-18 when compared to Q3-17, while it reported a decrease of 2.5% in the second quarter of 2018.
In Abu Dhabi, the residential property market went down 6.1% in Q3-18 on an annual basis, while it declined by 1.8% in Q2-18.
