The embodiment of the dream of a beautiful and rich life is often called the capital of the UAE and the modern metropolis, which has the name of the emirate of the same name. Abu Dhabi attracts travelers from all over the world with an original combination of oriental traditions and unusual urban views, impressive by the grandeur and thoughtfulness of the erected structures. According to statistics, real estate in this city is in demand among immigrants and the local population. Let’s look at the best areas of Abu Dhabi, depending on the preferences of the buyer and the goals set.
Is it worth buying a property in Abu Dhabi for investment
Investing money in the purchase of residential and commercial premises is considered an effective tool for saving capital. According to many analysts, in the long term, housing in Abu Dhabi is always getting more expensive. If an investor wants to invest money for a long time, then there is a high probability that he will benefit. But it is worth considering that real estate prices in the capital of the UAE are quite high, so you will initially need to invest a large amount of money to become its owner.
In recent decades, there has been an active development of the real estate market in the United Arab Emirates. The 2020 pandemic caused a slight drop in prices, but it did not last long. After the stabilization of the situation in the country and the world, there is an increase in pricing policy. When investment plans appear, you should not postpone their implementation. Taking into account the reasons why investing money in the purchase of housing in Abu Dhabi can be profitable:
- Relatively affordable prices. The cost of apartments located in the UAE is lower than the prices of apartments in the capitals of many European countries and New York. In these cities, an investor, having spent a similar amount of money, will be able to purchase a smaller apartment.
- The current tax system does not involve the collection of taxes for the ownership and disposal of real estate. The investor will be able to rent out the acquired square meters and regularly make a profit.
- Participation in various programs. Foreigners can dispose of the living space using two options for completing the transaction: by acquiring ownership of it, or by signing a long-term lease agreement. Subject to the terms of the contract, the legislation allows you to rent the property for 99 years.
- No difficulties in the design. An investor can conclude a deal from outside the Emirates.
- Favorable conditions for making payments. It is allowed to use cash and credit money for payment, which are issued at a low rate if the candidate meets the requirements of mortgage lending. In some cases, a postponement is provided. Its terms are spelled out in the contract.
If an investor plans to make good money on the purchase of real estate, he should conduct a detailed examination of the available offers. This is due to the high price level and a large number of offers with different characteristics of the objects. In-depth market analysis will help determine the liquidity of lots.
In which area of Abu Dhabi is it better to buy an apartment
The capital of the UAE is considered a space city, which, according to many tourists, is unlike any other metropolis in the world. There are 57 districts in it. The built-up area of the central part is relatively small: the main territory is occupied by skyscrapers that were built in the XX century. Housing in areas closer to the center is popular with investors. In addition, there is a coastline where construction is underway on empty territories. Luxury villas and spacious tanhouses are being built on the islands. Their owners are people who appreciate peace, privacy, comfort and proximity to the sea.
Tourists come here on vacation to enjoy futuristic landscapes, spectacular skyscrapers and a comfortable climate. The weather on most days of the year pleases with the sun and the lack of precipitation. There is no winter as such in these places, which makes living as comfortable as possible. Abu Dhabi attracts with a calm, measured life. There are many green areas in the city, the presence of which seems to refute stereotypes about the belonging of this territory to the endless desert.
Yas Island
Entertainment without borders awaits those who decide to settle in the Yas Island area. It is considered one of the most prestigious places to live in Abu Dhabi. Yas Island is home to one of the largest shopping malls in the city, Yas Mall. Many citizens and tourists seek to get here to buy goods on sale or become owners of unique products. This area is also known for its vibrant and memorable nightlife, which gives a lot of positive and unforgettable impressions. There are many famous attractions and luxurious residential areas here.
Yas Island is located 20 km east of the center of Abu Dhabi. The journey time from the airport will take about 15 minutes. What you can visit:
- Warner Brothers Large Theme Park;
- An Emirati-themed water park, the Aquatic World of Yas;
- The Yas Marina Race track is the eastern equivalent of the circuit in Monaco;
- yacht marina;
- a beach with the purest white sand;
- Ferrari World Abu Dhabi Theme Park;
- a dancing fountain.
Spacious villas decorated with oriental chic, apartments and stylish townhouses can be purchased on the island. Investors can purchase a suitable option for ownership or arrange a property for long-term lease.
The Corniche Area
The residential area of Cornish is located near the coastline and is considered one of the model areas for permanent residence. There are many entertainment centers located here, thanks to which the life of local residents is always in full swing. If desired, you can buy accommodation in high towers with stunning sea views.
Places of interest to visit:
- The modern Corniche Road promenade is ideal for hiking;
- residents of the area and tourists go shopping at the Marina Mall;
- You can have a delicious breakfast and lunch in numerous cafes and restaurants.
The Corniche area is known for modern skyscrapers and towers such as: Etihad Towers, Al Jawhara Tower, Nation Towers. Here you can become owners of fashionable penthouses, apartments, luxury housing in duplexes. If the financial possibilities do not involve large expenses for the purchase of real estate, you can rent a cozy apartment with a sea view.
Saadiyat Island
This island is ideal for all lovers of culture and art. It is considered to be the cultural center of Abu Dhabi, which houses the famous Manarat Al-Saadiyat Art Gallery. Several attractive residential areas have been built on Saadiyat Island. If people do not come here for permanent residence, then you can rent apartments in a luxury residence with windows overlooking the sea.
Saadiyat Island is located north of the center of Abu Dhabi between the port of Zayed and the island of Al Jubail. To get here from the airport, you need to drive about 20 minutes by rented car or taxi.
Places of interest to visit:
- Saadiyat Golf Club;
- Manarat Al-Saadiyat Art Gallery;
- Galleria Shopping Center;
- Louvre Museum Abu Dhabi;
- the art center.
Prestigious buildings and modern residential complexes are being built on the island, which have everything necessary for a comfortable life. You can always buy luxury real estate and middle-class housing in them.
Al Reem Island
The pearl of Abu Dhabi is called the island with the romantic name Al-Rim. There you can find accommodation that meets any preferences. There are modern residential towers with stunning views from the windows. Romantics will like them and will cheer you up at any time of the day.
The nature of the island is conducive to a pleasant pastime. Expats come here and find this place ideal for permanent residence in the UAE. Al-Rim is located about 600 m from the northeast coast of the metropolis. Not far from it is the Qasr Al Sarab Nature Reserve and the Mangroves National Park, which support unique ecosystems.
Places of interest to visit:
- Gateway City Park, designed for various sports, picnics and cycling;
- The Central Park of Rome is a place for recreation and entertainment;
- dancing fountain;
- shopping is worth going to the Al Reem mall;
- you can enjoy the local flavor at the Carrefour market.
In this area you can find both a luxury penthouse or villa, as well as a comfortable small apartment for a reasonable price.
Al Maryah Island
The island of Al Maria is classified as a dynamic area where life is always in full swing. The territory resembles the center of a megalopolis, but there are no crowds of tourists and fuss. The area is considered relatively young, there is a business atmosphere here. In addition to modern business centers, separate residential areas have been built on the island. If people come here for a short-term vacation, they can stay in luxury five-star hotels.
Al-Maria is located near the island of Al-Rim in a north-westerly direction from Abu Dhabi. What can I see here:
- Marya Square and Savva Square.
- Galleria;
- Al Maryah Central Shopping Center;
- cozy cafes and restaurants with outrageous interiors and delicious food.
The most famous residential buildings on the island are Al Marya Vista and Rosewood Abu Dhabi. They can rent real estate with all modern amenities. The area is being built up with new buildings where you can buy an apartment at affordable prices.
Tourist Club Area
This area is called the busiest area of the metropolis. Here you will find restaurants of original cuisine, fashionable exhibition halls, luxury hotels. Residential areas are located near the coastline. The owners of the property go for a walk along the embankment after work and admire the amazing scenery. The area is located in the northern part of Abu Dhabi, northwest of Qasr el-Bar.
What you can visit:
- Al-Muhairi Shopping Center;
- cafes and restaurants;
- breathtaking seascapes.
Luxury apartments with any number of bedrooms can be rented or purchased in the Tourist Club area. When choosing a home, you should pay attention to the view from the windows. Developers choose places with panoramic views that will brighten up everyday life and give a lot of positive emotions.
Khalifa City
If you are tired of the hustle and bustle of the city, but want to live close to local attractions, buy or rent a house in Khalifa City. There is a calm atmosphere that will appeal to families with children and people who appreciate peace and privacy. From this area, you can quickly get to Dubai, another modern metropolis of the UAE. In Khalifa City, you can rent a luxury villa and comfortable apartments at reasonable prices.
The area is located in the eastern part of the metropolis, a 20-minute drive from the airport, close to Yas Island and Al Raha beach. What you can visit:
- Khalifa City Amusement Park;
- Al-Forsan Sports Resort;
- modern golf courses;
- trendy restaurants and cozy coffee shops.
In Khalifa City, investors can choose any housing that suits their preferences. You can buy everything you have enough money for at the moment: from small studios to luxury villas.
Al Khalidiyah
The Al-Khalidiya area is commonly referred to as the hidden pearl of Abu Dhabi. It is located near the Corniche. This area is considered a cozy suburb of the metropolis. The local population and visitors of the city can enjoy a regular life and various leisure activities here. Al-Khalidiya is a fairly lively area, where the connection between tradition and modernity is well traced. The famous five-star Al Khalidiyah Hotel is an example of a successful combination of ancient oriental style with stylish execution of modern buildings.
What areas does Al-Khalidiya border with:
- In the west with Al-Batin;
- in the east with Al-Manhal and Al-Zaab;
- to the south with Al Road.
Abu Dhabi Airport is about 30 minutes away by car.
What you can visit:
- Al-Khalidiya Park;
- Cornish Beach;
- Khalidiya Shopping Center;
- cafes and restaurants.
There are many options for cozy apartments and luxury villas of various sizes in Khalidia. The most recognizable residential towers are the Golden Tower and Al Ain. The most popular residential areas for living are located on Khalidiya and Corniche Al-Khalidiya streets.
Al Reef
The residential area includes two unique areas: Al Rif Villas and Al Rif Downtown. They present different options for buying and renting real estate. The advantageous location near Dubai gives you the opportunity to work there and spend your free time in a large metropolis of the UAE.
Al-Rif is considered the cheapest area to live in. You can rent spacious apartments there for a relatively small amount. It is located north of Abu Dhabi Airport and east of Yas Island.
What you can visit:
- stadium of the Al-Rif Football Club;
- Deerfields and Green Mart shopping malls;
- spas and gyms;
- cafes and restaurants.
Here you can buy modern apartments, stylish villas and townhouses at reasonable prices.
Mohammed Bin Zayed City
The Mohammed Bin Zayed City cottage settlement will satisfy all the needs of customers, both in the service sector and in choosing a suitable place to live. Real estate here is inexpensive compared to other areas of Abu Dhabi. In addition, local schools are famous for their good education. The territory is located in the southern part of the metropolis.
What to see:
- Abu Dhabi Art Center;
- Capitol and Mazyad shopping malls;
- coffee shops and restaurants.
In Mohammed Bin Zayed City, you can purchase or rent modern villas, townhouses and spacious apartments.
Al Raha
The area is considered one of the youngest in Abu Dhabi. Expats come here for permanent residence. The territory is located in the northeast of the center of the metropolis opposite the island of Yas. The airport can be reached in 10 minutes, and the central part in half an hour.
What to do:
- stroll through the blooming gardens;
- go to the golf club;
- visit the sailing club.
- do some shopping at the Al Raha Mall.
The houses in Al-Raha are either next to blooming gardens or by the sea. All living areas have a magnificent view from the window.
Al Mushrif
Al-Mushrif district is located in the central part of the UAE capital. Here you can find ideal accommodation for individuals and families with children. The territory attracts with spectacular landscapes, a large number of green spaces, a choice of leisure and entertainment. The area is located between Arab Gulf Street and Sheikh Rashid Bin Said Street.
What is recommended to visit:
- Abu Dhabi Country Club;
- Al-Mushrif Palace;
- city park;
- Mushrif Mall shopping center.
Investors can invest in small studios, spacious apartments, townhouses and penthouses. There are apartments for sale with a different number of bedrooms.
Al Karamah
This is a small area with cozy streets in the city center. It is close to famous attractions. Due to its convenient location and well-developed transport infrastructure, residents can easily get to any point of the metropolis. Real estate prices in Al-Karma will pleasantly surprise everyone. The area is located in the central part of Abu Dhabi between Sheikh Rashid bin Said and Al-Karama streets.
What to visit:
- Al-Wahda Shopping Center;
- cafes and restaurants.
In Al-Karam, you can become the owner of a modern villa, duplex and luxury apartments. There are five-bedroom apartments for sale.
The nuances of buying an apartment in Abu Dhabi
If an investor wants to purchase real estate by the sea, he should pay attention to the areas located in the island part. For example, Al Reem sells luxury apartments in a modern complex for 900,000 AED. We are talking about an unreleased one-bedroom facility. Delivery is planned for the near future. In the Saadiyat area, you can buy apartments with two sleeping areas for 2,800 000 AED. If desired, you can consider a multi-bedroom villa on Yas Island. The cost of the property will be 3500,000 AED.
The prices are given taking into account the analysis of the current market situation. But it should be borne in mind that it is constantly changing due to the high demand for real estate in the UAE among expats. In general, there will be no difficulties with buying a home in the region. There is always a choice, it remains to determine the appropriate cost of the object and the date of its commissioning.
What you should pay attention to:
- There are no cheap housing offers on the real estate market in Abu Dhabi. If an investor wants to save money, he should consider other regions. For example, in Dubai, you can buy an apartment much cheaper compared to the capital.
- If you plan to earn income from renting out housing, it is more profitable to purchase apartments rather than villas with a large area.
- The transport infrastructure is well developed in Abu Dhabi. But despite this, sometimes it is difficult to travel by public transport. When choosing a remote area to live in, you need to be ready to rent a car or use taxi services.
- Registration of real estate ownership will require payment of a fee. It is 4% of the transaction amount.
- Orthodox believers need to pay attention so that their home is not located near mosques. This will allow you not to get annoyed later by the noisy sounds that call Muslims to prayer.
In the UAE, you can purchase real estate in the best areas of Abu Dhabi, using the possibility of remote transaction. At the same time, the candidate must remember that, having become a homeowner, he will not be able to apply for citizenship in the country. The owner will be able to become the holder of a residence permit status, provided that the value of the object exceeds 1,000,000 AED.