New residential project from Ellington Properties

New residential project from Ellington Properties

  • News
  • New residential project from Ellington Properties and failing of Abu Dhabi residential property

Ellington and SOL Properties will develop a new residential project of 11 houses in Dubai

JVC The project will be branded Ellington and will provide residents with resort amenities including:

  • Pool with jacuzzi
  • Pool for children
  • Fitness centre
  • Paddle tennis courts, etc.

Abu Dhabi residential property rents fell to their lowest since 2016 in Q2 2022

The average occupancy rate for the city was 81%. According to the ValuStrat Index (VPI). Villa rents lower compared to:

  • Q1 2022 – by 2.3%
  • Q2 2021 – by 6.8%

Rent for apartments lower compared to:

  • Q1 2022 – by 4.3%
  • Q2 2021 – by 7%
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