The Abu Dhabi real estate market resides somewhat uncomfortably in limbo at present. Part of this is due to the economic downturn on the whole, whilst on the other hand on the micro-level it is also affected by cheaper renting prices available in nearby Dubai (also a result of the downturn).

More on Luxury properties in Abu Dhabi in the time of crisis

In spite of the doom and gloom surrounding the financial markets these days, luxury property in London seems to be excluded from the damage. I mean – let’s face it, Merrill Lynch and Bear Sterns’ executives  still got their year-end bonuses even if the investors lost their shirts.

More on Record price for London Luxury Flat