Five Reasons Why You Should Invest In Abu Dhabi Real Estate
Overview Summary:
The Abu Dhabi real estate market is steadily climbing after the decline in real estate prices because of the global shift in oil prices. And it is catching up with the Dubai real estate market with equal emphasis on RERA, title deeds and other real estate jargon. Here are Five Reasons Why You Should Invest In Abu Dhabi Real Estate.
- Well Developed Infrastructure System
- Stable, Diversified Economy
- Freehold and Leasehold Zones
- Strong Security System & Legal Protection
- Affordable Pricing & High Investment Returns
1: Well Developed Infrastructure System:
Abu Dhabi has numerous schools, cultural centers, universities and medical facilities in locations such as Saadiyat Island, Al Gurm, and many others. The city has essentially everything a homebuyer will ever need.
2: Stable, Diversified Economy:
In recent years, Abu Dhabi’s economy has shifted from an oil based economy to a more diversified economy focusing on developing tourism, manufacturing and education. This has created an environment that attracts investors from various sectors, thereby increasing the need for housing, hence the current increase in commercial properties and residential communities.
3: Freehold and Leasehold Zones:
With the new reform in Company Law, foreign investors now have the right to own real estate in full. The establishment of free zones and leasehold zones in the capital city has been a sure fire way to attract investors to the Abu Dhabi real estate market.
4: Strong Security System & Legal Protection:
Abu Dhabi is ranked as one of the safest cities in the world. The crime rates are zero, nearly non-existent and residents walk about with absolutely no worries. The government proactive security measures are indeed a reason to invest in Abu Dhabi real estate.
The legal system in the UAE concerning real estate is strongly emphatic on the needs and interests of homeowners. The state keeps an eye on tenants, and defaulting tenants can be evicted quite easily with advance notice.
5: Affordable Pricing & High Investment Returns:
Compared with real estate prices in cities across Europe and the United States, Abu Dhabi real estate is competitive and yet affordable, with excellent payment options and housing plans to suit all kinds of budgets and housing needs.
Many real estate investors consider real estate in Abu Dhabi an investment because you can collect rental income for as long as you want and sell the property later, profitably. The ROI on investment in real estate in Abu Dhabi is pretty high, about 7%, which is a much more profitable indicator by global standards.
About Abu Dhabi:
Abu Dhabi is a burgeoning metropolis with seemingly infinite opportunities. It is the capital of the UAE and boasts of many real estate developments. Residences, towers and communities are all springing up, each one better than the last, all designed to give you your money’s worth. The prices for real estate in Abu Dhabi are competitive compared with similar properties in London, Paris and New York. Buying a home in Dubai may seem like the more feasible option but owning a home in Abu Dhabi is justified. This is because Abu Dhabi is a popular tourism destination with about two thirds of its population accounted for by foreigners.
Conclusion:
The real estate market in Abu Dhabi is looking up and now is the best time to begin to plan an investment, and maybe build your investment portfolio. Check hand picked iconic Real Estate Investment opportunties in Abu Dhabi, head over to the Banner section of Property Portal to learn more !
