Abu Dhabi is an attractive place for living and investing in real estate. Thanks to its mild climate, rich cultural heritage, and significant investment potential, the city has been popular among real estate buyers in the UAE for many years. If you are planning to buy property in Abu Dhabi, specialists at Alira Real Estate company will help you find a suitable option. On our website, there is a large selection of apartments, villas, and apartments for profitable investment.
Advantages of Buying Real Estate in Abu Dhabi
Abu Dhabi is the capital of the UAE and one of the richest emirates in the country. Its main source of income is oil, which brings in good profits and allows the authorities to invest substantial funds in the city’s development. Here, there are large shopping centers, entire business hubs, luxurious hotels, and restaurants. The coastline is occupied by respectable resort infrastructure, and the sandy beaches are clean and picturesque.
Many foreign citizens strive to invest in real estate in Abu Dhabi for several reasons:
- Profitable and reliable investment;
- Low tax rates when owning property;
- Cleanliness, peaceful atmosphere, and high level of safety in the city;
- Presence of prestigious schools and other educational institutions;
- High profitability of real estate objects;
- Large expatriate community;
- Wide choice of housing for any needs – from small studios or apartments to luxurious villas and penthouses;
- Developed tourism industry;
- Opportunity to obtain a “Golden Visa” for investments;
- Reasonable prices per square meter for foreigners.
Popular Areas for Buying Real Estate in Abu Dhabi
Popular areas for buying real estate in Abu Dhabi include:
- Saadiyat Island – a cultural and entertainment center of the city, a resort recognized as one of the best in the Middle East. On the 9 km beach, there are luxurious hotels, restaurants, and recreational centers. Studios and spacious apartments are offered for sale. Prices are high, but costs are recouped in the coming years.
- Yas Island – the center of sports and entertainment life of the capital. It houses the Yas Marina Circuit, amusement parks, and an 18-hole championship golf course. On the island, you can buy apartments, apartments, or cozy studios for rent.
- Al Reem Island – an educational center with prestigious schools and a branch of the Sorbonne in Paris. The island’s territory is actively built up with high-rise residential complexes offering apartments and penthouses for sale. The main attractions of the island are the Snow Abu Dhabi amusement park and the Reem Mall shopping center.
- Al Shahama – a district on Al Reem Island with luxury villas and apartments. Its residents can use well-kept golf courses, numerous sports facilities, and shopping centers. The district has the necessary infrastructure, making it a comfortable place to live.
- Al Maryah Island – a business center with office skyscrapers and business hubs. Here you can buy commercial real estate, apartments, and apartments. The area is known for the best hospital in the UAE, the Cleveland Clinic Abu Dhabi, and The Galleria shopping center with boutiques from world-renowned brands.