London, England -- (SBWIRE) -- 01/19/2012 -- According to a news report, the economic crisis for Aldar Properties has worsened. Aldar Properties, which is one of the biggest developers of Abu Dhabi real estate, has suffered from an economic crisis for quite a long time. In a recent attempt to lasso the company out of this crisis, the government of Abu Dhabi has given an aid of sum of US $ 4.6. With this help, the annual balance sheet for Aldar Properties is expected to look less ugly.

This aid, on one hand, might just help lasso Aldar Properties out of a crisis, on the other hand, it will also prove to be much beneficial for Abu Dhabi real estate. The semi-government company is one of the biggest operatives in the whole area. The fact that the company finds itself in the midst of such a huge economic crisis goes to say volumes about the gravity of the economic crisis faced by the State of Abu Dhabi. With the aid of US $ 4.6, it became the second major company to be rescued by the government of Abu Dhabi this year.

After Dubai’s government embarked on the route to bring back the local realty market back on its feet, Abu Dhabi government has also gone to great lengths to help stabilize the prices of Abu Dhabi properties. While Dubai properties have continued their journey down the graph, things are also looking uncertain and murky for Abu Dhabi properties.

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Bayut is the prime B2B Dubai real estate website. Not only does the site provide insight into the current situations of the realty market but also offers extensive lists of properties all over the United Arab Emirates for all kinds of buyers, sellers and renters.

Other than that, the site has its own panel of experts who offer advice on various kinds of available properties on the portal.

For more information please visit: http://www.bayut.com/