New buildings in Abu Dhabi
City on the map
Abu Dhabi is the capital of the United Arab Emirates. It’s the political, industrial, commercial and cultural center of the country. It is located on an island in the southeastern part of the Persian Gulf, a quarter of a kilometer from the mainland. The island is connected to the mainland by road bridges.
Why is it profitable to buy an apartment in Abu Dhabi in new buildings?
Abu Dhabi is not only the political, administrative, cultural and economic center of the UAE. The capital's contribution to the country's economy is more than half in percentage terms. A significant part of the money earned from oil goes to the improvement of this city, which turned Abu Dhabi into a resort and a green oasis.
It is believed that Abu Dhabi is the safest place in the Middle East. Here the crime rate is close to zero. The city is distinguished by its cleanliness and well-thought-out planning. The streets of Abu Dhabi form a grid of six highways, skyscrapers are concentrated along the sea coast.
The city leaves behind the capital of many other countries in terms of living standards, great efforts have been made for improvement. Guests visit the city regularly to not only relax, but also to compare how the capital is being built and developed over time in seemingly impossible desert conditions. Also the beautiful beaches are attractive,as well as the possibility of practicing water sports, and the active nightlife of the metropolis.
The climate is tropical and desert. Abu Dhabi is one of the hottest cities. There is little rain, the temperature in summer can be +50°C. It is cooler in winter. In comparison with Dubai, precipitation falls even less. Nevertheless, park zones soften the situation - the heat in them is 1-2 degrees less than in the desert. Most of the rain occurs during the winter.
Abu Dhabi, somewhat inferior in scale to the investment projects of Dubai, is becoming more attractive in terms of long-term investment decisions. Experts believe that Abu Dhabi has a significant resource for growth and its properties are more competitive in terms of price than even London properties.
The atmosphere of the capital is calmer compared to Dubai, where it is very noisy. Therefore, visitors prefer Dubai for recreation and leisure, and Abu Dhabi for permanent residence. By the way, the cost of food in Abu Dhabi is less than in Dubai.
As for the transport infrastructure, it is at a good level, all roads are of excellent quality, the city has a well-developed bus network, on which modern, air-conditioned shuttles run. Between cities, however, tourist taxis are better than any other form of transport.
Abu Dhabi has a higher administrative and political status than Dubai. The city is rich in oil, its income is higher, so the investment prospects, according to experts, are also slightly better than those of Dubai.
Residential complexes in Abu Dhabi offer a large number of housing units, built in compliance with the most advanced construction technologies. The choice of objects under construction is great: from small studio apartments to large hotel complexes and elite objects.
The builders have significant experience and positive quality reviews. The sale of apartments from developers can be carried out on installment plan basis. New buildings in Abu Dhabi from the developers guarantee the investor-buyer high-tech communications and well-thought-out modern layout. Investments in real estate in Abu Dhabi in the new buildings will bring a stable and, in the medium term, growing income (rent, resale).
New buildings in Abu Dhabi offer a wide range of cost per square meter, from moderate to very high, with good building quality. You can buy an apartment from a developer in Abu Dhabi for every taste, depending on material capabilities. According to information provided by the real estate search engine GEOLN.COM, the minimum price per square meter for an apartment in black frame condition is 2,300 USD.
Features of purchasing apartments in Abu Dhabi from developers by foreigners
Citizens of any country have the right to buy real estate in the UAE, but with territorial restrictions. Anywhere in Dubai, only citizens of the UAE and the Gulf countries can purchase objects.
In 2006-2008, a number of decrees were issued, thanks to which the list of free zones in Dubai was approved, where most of the territory has already been recognized as zones of "free possession".
Since 2006, foreign buyers of real estate in the UAE have received the same rights to dispose of their property as citizens of the country. That is, resell, rent, donate, inherit. Prior to the introduction of this law, foreigners were only allowed to rent property in the country for 99 years.
Highlights of Abu Dhabi
- the Corniche city embankment has its own beach park, which has received an honorary Blue Flag for its cleanliness;
- twin towers-skyscrapers Al Bahar;
- The 35-storey Capital Gate or Leaning Tower entered the Guinness Book of Records as the skyscraper with the highest tilt angle in the world (18°);
- Al-Husn Palace (was built in 1761);
- Ethnographic village- a large open-air museum-park where old Arabian dwellings are collected;
- Sheikh Zayed Mosque;
- Ferrari World theme park;
- water park Yas Water Park;
- Saadiyat Island - a huge cultural and entertainment center with branches of the Louvre and the Solomon Guggenheim Museum in New York, as well as other museums;
- Abu Dhabi Zoo;
- Al Ain oasis;
- Eastern Mangroves Lagoon National Park.
Purchasing an apartment in one of the new buildings in Abu Dhabi is an ideal investment option, since the primary housing combines high technology, comfort, the opportunity to enjoy sea holidays and life in the capital of a dynamically developing richest country.
Prices per sq. m. in popular districts of Abu Dhabi
|Al Reem Island||2300$ / m2|
|Al Raha||2700$ / m2|
|Masdar City||3000$ / m2|
|Al Manhal||2900$ / m2|
|BreakWater||5800$ / m2|