Buying Property in Abu Dhabi

Abu Dhabi is a shoppers’ paradise, with tall office and apartment buildings, broad boulevards and busy shopping arenas. Interest in Abu Dhabi's real estate sector has been spiked by mega projects such as the Saadiyat, Yas Island, and Reem Island developments, which have drawn global attention to the emirate.

The government's practice of keeping real estate demand high by controlling supply has meant that there will always be an exceptionally strong investor demand for any proposed projects.

A report has found that prices in Abu Dhabi's real estate sector are almost certain to keep rising at double-digit rates, fuelled by growing demand and a carefully controlled delivery of residential and commercial units. A shortage of good quality space, combined with increasing demand and high immigration determine the supply-and-demand dynamics of the emirate's real estate market.

The town plan on Abu Dhabi Island conforms to a grid pattern, with very high density along the shoreline (The Corniche). New developments on other islands, some of them man-made, and the mainland are making great efforts to distinguish themselves with cultural features (Saadiyat Island’s Guggenheim Museum) or resort style attractions as with Reem Island or Al Raha Beach.

Developers are scrambling to reduce some of the burden of the housing shortage that is currently being experienced, and are already planning exclusive apartment developments designed for the anticipated new wave of expatriate investors in Abu Dhabi.