London, England -- (SBWire) -- 10/13/2011 --The trend of sharing apartments in Abu Dhabi is escalating as the prices of Abu Dhabi real estate begin to stable. More and more people are seeking rental properties in the city just so to avoid paying large sums. This newly found rental trend in the United Arab Emirates has served all parties involved equally well. On one hand, the realtors and investors who were previously having a hard time finding tenants can now lease their properties to multiple tenants whereas the tenants get to share the fares.
The adverse conditions of real estate in Dubai and the uncertainty of the market forced many businesses to relocate to other states. To the dismay of agents and investors dealing in Dubai real estate sector, it proved to be another blow for the efforts put in by the Dubai regime to tackle the real estate crisis.
For Abu Dhabi however, the situation could not get any better. The fortune which was once gotten by the real estate agents and investors in Dubai now favoured those who dealt in Abu Dhabi properties. To fully benefit from this situation, the local landlords opened up their villas for shared accommodation and that, so far, has worked well for all the parties involved.
This way the shared apartments and villas of Abu Dhabi have not only been able to take up the role which was previously served by landlords of properties in Dubai, but it has also facilitated those who do not afford expensive apartments to rent in Dubai.
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The site is regarded as the prime real estate property portal of Dubai in particular and the UAE in general. The site contains extensive listings of properties for rent and sale not just in Dubai but the rest of the UAE as well. All the listings on the site are regularly updated and verified bringing both the sellers and the buyers on the same page.
Shared Apartments in Abu Dhabi Continue to Offer Affordable Living
The many businesses which fled Dubai and moved to nearby cities and states have brought a plethora of employees with them to these new cities. The real estate agents in Abu Dhabi have fully benefited from this situation where they have offered shared accommodation to many of the employees of such firms who do not afford high rents.