The year is nearly over. What happened this year, especially in the Abu Dhabi Real Estate Market in 2022? The UAE capital’s real estate industry has reached billions of transactions, including the purchase, sale, and mortgages of all types of land plots, buildings, and real estate. This real estate milestone clearly shows that there are a lot of property for sale in Abu Dhabi.
Here are the top selling locations in the capital and what makes them have these top spots.
Yas Island is the best location for a home. Only a 10-minute drive from Abu Dhabi International Airport, making it ideal for frequent travellers. Residents and visitors can visit multiple entertainment attractions that are easy to access on the island. Yas Island has gated and non-gated communities with apartments, townhouses, villas, and even plots. It is the location of West Yas, the community that does not charge a service fee.
Saadiyat Island is Abu Dhabi’s cultural center. Popular landmarks can all be found here like museums and schools. One of benefits of investing in properties on the island is that the area is freehold, which means that both local and international investors can buy a home here with full ownership. However, there are new projects in the area that are only available to UAE nationals. Property for sale in Saadiyat are plentiful because the island itself is a fantastic place to live.
Al Reem Island became the most popular area among investors and end-users in 2021, and it is predicted that the popularity of the island will only grow in the future. The island is the center of amazing homes and offices. Why it is the perfect choice for investor? Location is the reason, it is a few minutes away from the city center and everything is available on the island like medical facilities, schools and malls. Soon there will be waterfront villas on the island.
Khalifa City is located outside of the city, yet it is one of the top high-selling locations in the Abu Dhabi emirates. The area is an independent master community with both residential and commercial real estate, and it is one of the most popular neighborhoods in the UAE capital for investors and tenants looking for affordable properties. It has plots, standalone customized villas, and apartments. This area is now being developed into and more liveable community.
Al Raha Beach is a waterfront community that is home to retail, residential, and commercial properties and is considered one of the most prestigious areas in the emirate of Abu Dhabi. Apartments and townhouses are available in the community. The location of Al Raha Beach makes it one of the best places to invest. It is close to malls, supermarkets, and Abu Dhabi Airport, in addition to being a waterfront community.
Would it be the same locations this 2023? Abu Dhabi is an image of nonstop development, and for sure by 2023 there will be more amazing projects both residential and commercial. Now is the perfect time to get in touch with the top Real Estate Commercial Brokers, for information or insights regarding real estate investment in the year 2023. Contact US Al Zaeem Real Estate in Abu Dhabi, UAE