Properties for sale in Abu Dhabi

Bordering with the Arabian Gulf and the Kingdom of Saudi Arabia, Abu Dhabi is the capital of the United Arab Emirates (UAE). Consisting of 200 islands, Abu Dhabi has around a coastal area of around 700 kilometres. With an overall population of 2.908 million out of which 1,857,618 are males and 1,050,555 females, Abu Dhabi provides equal employment opportunities to them all. Adding to the overall percentage of the female workforce in the entire UAE up to 12.4%, the percentage of females in the labour force in Abu Dhabi is 23.5%. The city of Abu Dhabi houses a variety of federal government offices and is home to the President of the UAE and Abu Dhabi Emiri family. When it comes to the development rate of the city, Abu Dhabi has a relatively higher gross domestic product rate as compared to the other emirates - up to AED 791,371 million, which adds its name to the list of advanced cities of the world. The real estate in Abu Dhabi also makes a good base for excursions with the beautiful landscapes of Liwa Oasis, ecological tours of Mangrove Kayaking, thrilling rides of Ferrari World and the spectacular hopping tours of Yas Island.

Types of Properties in Abu Dhabi

With the launch of UAE's AED 50 billion investment programme that allows 100% ownership to expats in both free zone and non-free zone areas, the real estate market in Abu Dhabi is on its way to make new reforms. As far as the occupancy rate is concerned, Abu Dhabi has more than 12,537 residential and commercial property units where it offers accommodation to both locals and expats alike. One of the real estates in Abu Dhabi, Yas Island has been named as the world's leading tourist project in 2009. It caters to both leisure and business travellers by accommodating them in its 3,703 flats and 343 houses. Following the footsteps of Yas Island, another property unit in Abu Dhabi, Airport Street houses a great number of occupants in more than 20 villas. In the same vein, Al Reef, a famous residential complex provides a living space to occupants in over 169 flats and 309 villas. Serving as an ideal buying choice for those who are in search of a flat or house, Al Reef contains various communal green spaces, parks, swimming pools, two laundrettes, and world-class restaurants, such as Il Forno Italian Restaurant and 800 Pizza, Al Reef. When it comes to the commercial properties, there are a plethora of shops, warehouses, and offices in the city that increases the productivity of the occupants. All these commercial spaces are designed to help residents broaden their vision and change the future trajectory of things. For instance, the offices in Al Reem Island and commercial plots in Muhammad Bin Zayed City unveil futuristic design and concepts. Helping occupants manage logistics, distribution, storage, and procurement, Abu Dhabi also consists of large warehouses in a top-notch industrial district - Mussafah. Once referred to as a 'maze of roads and half-completed building', now called the 'Abu Dhabi Industrial City', Mussafah contains more than 5 warehouses that range between 37,286 sq. ft. to 477,635 sq. ft.

Popular Areas in Abu Dhabi

The emirate is enriched with a variety of archaeological sites, theme parks, observation decks, zoos, and islands that make it an ideal destination for tourists. One of such significant archaeological sites is Al-Hosn Fort, which is also called the White Fort or the Old Fort. Built in the year 1793 to house the ruling family, the palace contains traces of culture and history of Abu Dhabi. Located 100 km west to the city of Abu Dhabi, in the South Arabian Gulf, is the low-lying Marwah Island which is made of Pleistocene limestone and salt deposits. Known for the discovery of the oldest human skeleton and 13 sites of the Neolithic period, Marwah Island is a crucial centre of archaeology in Abu Dhabi. Celebrating Islamic architecture in its entirety, Abu Dhabi also contains an absolutely beautiful mosque that is by far the most spectacular sightseeing attraction in the United Arab Emirates. Built with Macedonian marble, mosaic tiling, and glass-work, Sheikh Zayed Grand Mosque in Abu Dhabi has the capacity to hold as many as 40,000 worshippers at once. Bringing the thrill of the world's tallest roller-coaster in the world, Flying Aces moves at a speed of 120 km per hour on a 52-metre loop, Formula One motor race covers 55 laps, and Junior GT track that lets children test out their driving skills - all these rides can be found in Ferrari Park.

Lifestyle in Abu Dhabi

Abu Dhabi follows Arabic traditions and customs so its culture and heritage are inextricably connected to the teachings of Islam. Here, the dress code is liberal and both men and women can walk around unescorted. Hospitality and courtesy are prized virtues of people living here. Cultural sports are given utmost importance so the occupants of Abu Dhabi keep organizing traditional sporting events, such as dhow sailing, camel racing, and falconry from time to time. There are also many shopping malls, such as Abu Dhabi Mall, Marina Mall, Al Raha Mall, restaurants, such as The Foundry, Villa Toscana, Hakkasan Abu Dhabi, and supermarkets, such as Almaya Mart and Abela Supermarket that let residents shop, dine and buy as per their convenience. Besides that, there are many modes of transportation apart from buses, taxis, metros, and taxis. Residents do not have to follow the same monotonous pattern, i.e. to get the Hafilat Smart Card from a nearby station and board a bus or a metro. They can also take water taxis or ferries to move from one place to another.

Sale Price Trends for Properties in Abu Dhabi

Since Abu Dhabi is a modern and family-friendly city, the property units lying in Abu Dhabi are always in great demand. Surrounded by a plethora of parks and green spaces, the real estate of Abu Dhabi capture the attention of prospective buyers and they always end up buying them. When it comes to the dominant property type in Abu Dhabi, apartments and villas take the lead. Statistics reveal that within these few years, the properties of Abu Dhabi have experienced a major dip in buying prices though the return on investment (ROI) has increased up to 6.7% for apartments and 6.6% for villas. If you are interested to invest in a property in Abu Dhabi, this is a great time for you. Before paying for anything, first be sure of your decision and select a community that is most suitable to your needs. Make sure that you opt for properties that lie in the top-tier communities of the city so that you can generate a greater ROI. Located 30 km off Abu Dhabi, Masdar City is a sprawling eco-friendly development that fosters close ties with research institutes and works in collaboration with them to accelerate the economic growth. If you want to invest in properties in Masdar City, they are available at a price ranging between AED 499,000 and AED 1,780,000. If you want to invest in a property that lies close to the airport so you can travel to and from the area easily, you can buy a real estate in Khalifa City A. Situated mere 10 minutes away from the Abu Dhabi International Airport, the units in Khalifa City A are available at a cost of around AED 3,450,000 per year. In case, you are a sports enthusiast and want to reside in the world’s leading sports destination, buy any property in Zayed Sports City. Comprising over 10 townhouses, Khalifa International Bowling Centre and Zayed Sports City Stadium, the properties in the said community are available at a cost of around AED 2950,000.