Properties for sale in Madinat Al Riyadh

Abu Dhabi is the capital of United Arab Emirates, and is the second most populated city of UAE, while Dubai still stands in the first position in terms of population. However, Abu Dhabi's rapid development is undeniable. People from other cities prefer Abu Dhabi for residential purpose because it is less populated and more peaceful than the other Emirates. According to a survey report, Abu Dhabi's population was almost 1.8 million back in 2016. Among other residential properties in Abu Dhabi, Al Shamkha South is a residential area in Abu Dhabi which is located near Al Falah. There are numerous properties in Al Shamkha South.

Types of Properties in Al Shamkha South

Abu Dhabi is more conservative than any other city of Emirates as far as traditional is concerned.  Most of the residential villas in Abu Dhabi are built in traditional Emirati Architecture. You can find many villas and residential plots in Al Shamkha South. There are various luxurious villas which have options of 5-bedrooms to 7-bedrooms. A ready to move villa comes with many amenities and facilities such as spacious bedrooms, stylish kitchen, big hallway, high-quality finishing, central air-conditioning system, storage areas, electricity backup, laundry room, and intercom. The deluxe villas also have separate majlis for men and women, maid's room, 2 kitchens, driver room, washrooms, swimming pool, two store rooms, and a guest room. If you want to buy a residential plot in Al Shamkha South and want to construct it according to your budget and style then there are various residential plots available for sale in Al Shamkha South.

Sale Price Trend in Al Shamkha South

When it comes to buying a property in Al Shamkha South then you have several options to choose from according to your need and budget. If you want to invest in a residential plot in Al Shamkha South then it will cost between AED 1,500,000 to AED 2,300,000. If you need a ready to move villa in Al Shamkha South then it ranges from AED 3,600,000 to AED 8,000,000. The difference of prices is due to location and coverage area of the property. The buyers can also avail the option of a mortgage, which comes with a 3.24% interest rate and the down payment of 25%. The total payable amount has to be paid over a period of 25 years.

Popular Areas of Al Shamkha South

Living in Abu Dhabi means living in the capital of a country like UAE, which is on the course of development and transition. There are many famous landmarks in Abu Dhabi which are popular among nationals and tourists. The grand Shaikh Zayed Mosque is a renowned place to visit. Al Shamkha South is subdivided into 30 small sub-communities. There are mosques near every sub-community. There are numerous famous eateries like Pizza Hut, Badaya al Mandi, Bait Al Bukhari Restaurant within the premises of Al Shamkha South. Other basic facilities like schools and healthcare centre are also there in the proximity.

Reasons for Investing in Al Shamla South

Al Shamkha South is an architectural marvel that covers 40 million square meters of area. It can accommodate over 130,000 people. Abu Dhabi holds almost 10% of the world's oil supply and is a rich Emirate in terms of resources. Investing in a property in Abu Dhabi is a decent choice as Abu Dhabi is rapidly developing in terms of real estate options. Many outskirt areas of this city are being transformed into residential areas. Blessed with bountiful regular assets and a dream to succeed, Al Shamkha South has turned into the best choice for investors as it holds more established investment directions towards the future.