The global economic crisis has resulted in an increasing divide between the property markets of Dubai and Abu Dhabi, a new report has said.

Kershaw Leonard's annual Cost of Living report describes the real estate sector as now resembling the survival of the fittest, a major contrast to 2008 which is compared to the California gold rush of the 1800s.

While Dubai’s house prices have fallen in some areas by more than 53 percent since September 2008, the report identified areas in Abu Dhabi where prices had increased by 36 percent over the past year due to an undersupply of new properties coming on to the market