The document provides an overview of the Abu Dhabi residential property market in Q1 2016. It notes that apartment and villa prices declined slightly by 1-2% during this period, while rental rates also decreased between 1-2%. The report also outlines upcoming residential supply additions of 2,400 units in 2016 and forecasts further supply increases in the following years. Macroeconomic factors like decreasing oil prices and inflation rates are examined for their influence on the local property sector.
7. Miles Phillips BSc (Hons) MRICS ACIArb
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