In the past few years, sales of real estate in Abu Dhabi have been gradually increasing. The emirate is actively developing, with new residential communities being built with quality infrastructure and modern properties. One of the drivers of the high demand for real estate in the region was the launch of the DARI smart system from the local Department of Municipalities and Transport. The system brings together diverse services working in real estate and greatly simplifies the processing of various documents and permits related to the buying and renting of property.
Properties for sale in Abu Dhabi from developers
In the capital of the UAE, as well as in Dubai, there’s a list of freehold areas approved by the government, where foreign buyers may have private ownership of purchased real estate. Among the most attractive places to buy villas or apartments in Abu Dhabi are the Saadiyat and Yas Islands, the Khalifa City community, the offshore community of Al Raha Beach and a few other communities with quality infrastructure and comfortable living conditions. In these areas, construction companies in Abu Dhabi are raising new buildings where you can buy real estate on bargain terms.
The developers offer favourable prices to the buyers of properties under construction and also provide the opportunity for interest-free instalments. When buying a flat or house at the initial stage of construction, the payment schedule can be divided into several years. Moreover, there are options when 40% or 50% of the amount can be paid once the building is commissioned.
The purchase of real estate in the capital of the UAE is available not only with private funds but also on credit. Local banks offer mortgages, including to foreigners. They can get a loan of 50% of the total cost of real estate.
An important advantage of buying property from a developer in Abu Dhabi is the absence of land and property tax. When purchasing, only the registration fee (Title Deed) needs to be paid.
Investment attractiveness of real estate
Property prices in Abu Dhabi have not yet reached their maximum values so, at present, investors have the opportunity to buy properties on bargain terms, which helps to save their capital and make a profit. The key benefits of investing in property in the capital of the UAE are as follows:
- High return on investment - up to 8% annually;
- The opportunity to buy housing in instalments for several years without any extra interest, with only an initial payment of 5%;
- Modern flats and villas in Abu Dhabi are in great favour among tenants, providing investors with a stable income;
- The gradual expansion of the freehold zones attracts foreign investors to the market, significantly increasing the liquidity of local real estate;
- Foreigners who purchase property in the emirate can apply for a UAE Golden Visa (residence permit by investment), giving them the right to legally work, obtain a local driver's licence and use the social programmes.
Launch of sales of off-plan projects
Today, the developers in Abu Dhabi are working on several modern residential complexes located in different areas of the emirate. The most popular locations for construction are the freehold areas where foreigners can easily buy an apartment or a house in private ownership.
The developer, one of the largest construction companies in Abu Dhabi, is implementing many high-end projects in Yas Island, Khalifa City, Saadiyat Island and other communities of the city. All the properties from the developer have a stylish modern design, functional layouts and convenient locations near key infrastructure facilities. The developer pays attention to the environmental friendliness of the new residential complexes. The buildings are built using technologies, significantly decreasing the level of energy consumption. Modern plumbing helps to reduce water consumption and the use of recycled materials contributes to the reduction of carbon emissions into the atmosphere.
At present, a large amount of real estate from developers is being sold in the capital of the UAE. Buyers can choose from villas, townhouses, studios and apartments. In the premium residential complexes, you can find duplexes and luxurious penthouses which usually occupy the top floors of the high-rise towers.
These elite projects can boast about being within walking distance of the shore, the golf clubs and the embankments. More affordable apartments and villas can be found in areas located 15-20 minutes from the sea. For example, the larger community of Al Shamkhah is actively building up a new neighbourhood with villas.
Buying property in Abu Dhabi
If you’re thinking about buying a residence, townhouse or villa for investment or personal use, take a look at the projects under construction. The cost of real estate for sale in Abu Dhabi will be the lowest immediately after the start of sales. At this point, you have the opportunity to:
- Choose the most suitable type of accommodation among the many options;
- Receive the maximum discount from the developer;
- Take advantage of the payment schedule and get an instalment plan over several years.
In addition, a lot of construction companies in Abu Dhabi offer options for interior design. Thus, the buyer can already personalise the future apartment or villa at the construction stage. You can also order a fully furnished residence that you can then start renting out immediately after the completion of the construction work.
For your convenience, there are current offers of apartments and houses for sale from the major developers on our website. We constantly follow the emirate's real estate market and update information on the website so that our clients can be among the first to book the best properties.
