Dh25,200 for a studio in Abu Dhabi? Not if the developer can avoid it

Few developers in the capital have announced affordable housing projects, despite the Abu Dhabi Urban Planning Council (UPC) directing at least 20 per cent of new residential property to be set aside for middle-income earners, according to a top real estate analyst.

“It is indeed the government’s policy, but to date, we have not seen many developers announcing projects that meet this criteria.

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