Abu Dhabi Property

Abu Dhabi property is now finally starting to move out of the shadow created by neighboring Dubai, and is beginning to establish itself as a great place to buy and invest in property. As the capital of the United Arab Emirates, Abu Dhabi has long been associated with the large oil reserves found within the Emirate, and that have for the most part generated the large amount of wealth seen throughout the city. The likes of Dubai were not so blessed with regards to quantity of oil located within the area as Abu Dhabi has been, and as a result set about generating wealth through other means such as property for sale from developers and tourism projects. And it is for these reasons that Abu Dhabi has left it until now to really begin expanding it real estate and property markets.

Set out on the UAE western coastline, Abu Dhabi is made up for the most part of a collection of islands out in the Arabian Gulf, and is called home by just under a million people. Famed for its greenery and numerous parks, Abu Dhabi enjoys one of the highest GDP per capita incomes in the world, and therefore offers a very high standard of living to residents. With its own modern airport, and a comprehensive road network already established, Abu Dhabi is arguably much better equipped to cope with increasing resident numbers than perhaps Dubai was at the start of the real estate boom there. And with year around sunshine, and within a short journey to Dubai, Abu Dhabi certainly has a lot to offer real estate buyers.

And so far the property market here looks to be mirroring that of Dubai back in the early days of the real estate market boom. With Developers such as Emaar and Nakheel all involved in the real estate projects being built here, buyers can be sure that they are investing in a high standard of home that will be in demand for a long time to come. Property prices in Abu Dhabi are already beginning to soar in scenes highly reminiscent of Dubai back in 2001, with property premiums continuing to accelerate. A quick look at the Raha Beach area in Abu Dhabi giver you a good idea to the high level of construction currently being undertaken within the Emirate, as developers scramble to reduce some of the burden of the housing shortage that is currently being experienced.

Property options within Abu Dhabi may not be as extensive as those currently found within Dubai, but there is still a good selection of developments which to invest in, and with many more on the way, buyers can look forward to a diverse range of property for sale here. Al Reem Isand, also referred to as Emirates Pearl Island, is one such development that is making buyers sit up and take notice. Located on the Northeasterly Al Reem Isle, the development will consist of residential, commercial and retail property set over 70 million square feet. Within 20 minutes of Abu Dhabi airport and well connected to the main Abu Dhabi Island, the development will feature schools, hotels, medical facilities and a 27-hole golf course.

Broken down into separate districts, Al Reem Isle will offer a wide range of apartments for sale. The Marina Square area will feature property such as two Marina Heights towers, and Ocean Terrance Residence by First Gulf Bank. Ocean Terrace will offer 375 luxury one, two and three bedroom apartments with views out to sea and of the surrounding Marina, and all within an hours travel distance from Dubai.  And then still on Al Reem Isle, but in the adjacent area of Addax Port, one can expect another 4 residential towers, including Park Tower, Marina Tower and Light Tower, plus a commercial offering in the form of Office Tower. And with completion expected within the year, property on Al Reem Isle looks to be an interesting proposition.

Other note worthy developments currently being constructed in Abu Dhabi include the Al Raha Beach Development, with a built up area of over 12 million square meters, and The substantial Shams Abu Dhabi development which looks set to feature over 100 skyscrapers. With a lot of property now on the way in Abu Dhabi, adding to the already impressive housing options and living environment here, Abu Dhabi really looks set to push Dubai all the way with regards to being the place for real estate within the Middle East.  
 

Buy Abu Dhabi Property:

For the best prices on the market today in Abu Dhabi, get in touch with the experts and contact us now. We will assign one of our dedicated real estate consultants to advise you on every aspect of your property purchase making it stress free and easy. Featuring the following developments Al Raha Beach Development, Dolphin Towers, Al Reem Island, Shams Abu Dhabi, Najmat Abu Dhabi, Oceanscape, Lulu Island, Al Gurm Resort, Saadiyat Island, Al Raha Gardens, Al Mamoura and Golf Gardens.

Sell Abu Dhabi Property:

If you are looking to sell an apartment or villa that you have bought in Abu Dhabi then please get in contact with us so that we can give you a current market price and offer it to our many clients and investors who may be looking for such property. 

 

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