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Only locals were allowed to buy property in Abu Dhabi a few years ago. However, the freehold property laws in Abu Dhabi changed in 2019, and as a result of this change, non-UAE nationals, i.e. foreigners and expatriates of any nationality, can now own property in the capital emirate.

It is important to note that non-UAE nationals are not permitted to purchase property in all areas of Abu Dhabi. There are specific areas designated as "freehold areas" where expatriates can own property. In other areas, they can simply "lease" the property for up to 99 years. Nonetheless, ownership remains with the true owner.

In the current market, a few freehold areas in Abu Dhabi are more suitable for real estate investment. These areas include:

 

1. Saadiyat Island

Although Saadiyat Island is located away from the hustle and bustle of the city, it is still well connected to the mainland via the Abu Dhabi-Al Falah Road.

Saadiyat Island, dubbed Abu Dhabi's cultural hub, is in a class of its own, housing ultra-luxury properties and a slew of world-class attractions. These include museums, beaches, golf courses, restaurants, and so on. Furthermore, residents have access to a variety of convenient amenities, including high-quality educational institutions, medical facilities, and supermarkets.

Because of its upscale lifestyle, lavish residences, and cultural attractions, it has piqued the interest of global investors. Buyers can select from a variety of projects featuring apartments, villas and townhouses based on their budget and requirements, and enjoy a luxury lifestyle in one of Abu Dhabi's best freehold areas.

 

2. Al Reef

Al Reef is one of the most popular freehold neighborhoods in the capital city. It is a Manazel Real Estate project with a strategic location. Among all factors, the community's location contributes to its popularity among investors and end-users. It is more convenient to the Abu Dhabi Ghweifat Highway and the Abu Dhabi International Airport. Popular developments such as Yas Island and Al Raha Beach are also nearby. This community's commute time to Dubai is also shorter.

Al Reef is home to a multicultural population that generates excellent rental yields. Because property prices in this area are more affordable, it is ideal for property investors.

 

3. Yas Island

Yas Island is well-known for housing world-class attractions such as Ferrari World, the Yas Marina Circuit, the Yas Mall, and numerous theme parks. Because of the presence of these attractions, it has become a popular tourist destination in the Emirate, as well as a global investor's favorite.

In terms of amenities and facilities, the area has a variety of retail outlets, dining options, upscale hotels, and lush golf courses. It is also set to welcome a new addition, "Yas Bay," a waterfront destination that will significantly increase the area's value.Recently many promising projects have been launched in this community that is grabing investor's attension.

 

4. Masdar City

Masdar city contains both villas and apartments in various configurations, the apartments in this city has helped Masdar City earn a spot among the top freehold communities in Abu Dhabi. These residences are part of some of the Emirate's most recent residential projects, which include cutting-edge amenities and facilities.

Residents have easy access to retail establishments, educational institutes, parks, and a variety of other amenities, making it ideal for families, singletons, and professionals alike. The neighborhood is near major developments and landmarks such as Khalifa City, Al Raha Beach, and the Abu Dhabi International Airports.

 

5. Al Raha Beach

Al Reach Beach, a waterfront property in Khalifa City, is one of the most popular freehold areas in Abu Dhabi, catering to both families and young professionals. There are many expatriates in this area because it has a reputation for providing an upscale lifestyle.

When it comes to property types, investors and end-users can choose from opulent villas, townhouses, and apartments. These residences are available in a variety of configurations to meet the needs of everyone. Because waterfront properties are plentiful in this area, residents can enjoy the tranquil views while leading an urban lifestyle thanks to the availability of modern amenities.

Contact us us today for more in depth market knowledge for investment purpose.