House prices in the UAE are now at a level similar to 2005/06, according to propertyfinder.ae, a real estate website.

The comparison was made as the website released details of the UAE’s top locations sought after to buy and rent for May.

The survey, based on the views of more than 120,000 visitors to the website over the month, showed Khalifa City in Abu Dhabi to be the most popular place to rent with more than 20 percent of the total inquiries.

arabianbusiness.com