Property prices up 13 percent in eight months

The average cost of buying an apartment in the capital’s investment areas has risen 13.2 percent since the start of the year, as government employee relocations and large numbers of teachers and nurses help the hard-hit property market to recover from the global financial downturn. Al Reef Villas registered price growth of 15.1 percent in the first six months of the year, positioning it as the strongest performing submarket.