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Abu Dhabi Travel Guide

Most expensive apartments in Middle East

Posted: Feb. 19th, 2013  |  By Michael Pearse
Abu Dhabi
JustLuxe.com

As you might have imagined Abu Dhabi has the most expensive housing market in the Middle East. This comes as no surprise as the city of Abu Dhabi has some wild investors. The capital took the 23rd position worldwide while neighboring Dubai came in 35th.

Abu Dhabi was the most expensive city in the Middle East to rent a high-end three-bedroom apartment last year, according to a new report.

ECA International, a London-based knowledge and solutions provider for international HR professionals, revealed in its latest accommodation report that though rents in Abu Dhabi continued to fall, with supply of rental properties significantly outstripping demand, the city remained the most expensive in the Middle East for three-bedroom properties.

Globally, the capital was ranked 23rd, with average rent per month at Dh14,411. Dubai took the 35th position with average rent per month being Dh12,754.

Read More on emirates247.com

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