Tamouh Investments, an Abu Dhabi-based property company, is planning to launch sales for five towers on Reem Island at Cityscape Abu Dhabi this month, a senior executive says.

It will be the first time in months that a major developer has launched sales for a tower in the capital, as home seekers and investors take a cautious approach to buying property following a slowdown in sales. Prices have fallen in some areas by 30%.

The National