The new decision specifying property investment areas for foreigners in Abu Dhabi has received a warm welcome from developers. According to Gulf News, they said Abu Dhabi is fast moving towards opening up its property sector by spelling out key issues, although additional clarifications are still needed.
Earlier this week, General Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, issued Decision 22 for 2005 specifying areas for investment in Abu Dhabi.
