Rents at Abu Dhabi’s Reem Island may drop once ‘dust settles’ after summer Ben Crompton quoted in the The National - “We are aware of reports saying that rents in Abu Dhabi are falling but realistically it is unlikely that we will see many rents fall in Abu Dhabi until after the dust settles in October." Housing rents for existing tenants on Abu Dhabi’s Reem Island could fall by as much as 10...

Abu Dhabi Market Showing Very Interesting Cracks The property market in Abu Dhabi is showing some very interesting cracks at the moment. Rents are decreasing on Reem island and the Corniche but holding up almost everywhere else. Reem island is softening due to the supply coming on line there, there are very few units being delivered in Abu Dhabi but almost all of them are on Reem. The Corniche is suffering...

The Wave- Al Reem Island New from Crompton Partners, located in the heart of Najmat district on Al Reem Island, The Wave, by Aabar Properties, now has stunning 2 and 4 bedroom, brand new apartments for sale.  The Wave is a striking centrepiece development, positioned directly on the waterfront overlooking the Abu Dhabi skyline.  These stylish apartments offer bright, modern, open plan living, walk-in...

Did You Miss Out on Phase I of Yas Acres? - Phase II Launches Saturday Due to selling out Phase I of Yas Acres so quickly Aldar are set to launch Phase II this Saturday (18th June 2016). Yas Acres on Yas Island is Aldar's latest launch of three to five bedrooms villas set around a golf course and is available to buy for expats. Aldar are paying the commission on the project so buyers can work with brokers...

Do You Have Property in Abu Dhabi and are Looking to Leave the UAE? If you own a property and need to leave the UAE for good (or for an extended amount of time), this will guide you through what you need to do before you leave. Remember your Property is one of your most important possessions, make sure it is looked after if you have to leave. How soon do you need to leave? This is the most critical...

Introducing Phase 2 of Yas Acres, the first villas on Yas Island that are available for all nationalities to purchase. Phase 2 properties will be launched this Saturday 18th June starting at 10 am. Yas Acres offers beautiful 3 to 6 bedroom townhouses and villas priced starting as low as 2.9M with only a 5% down payment and flexible payment options. These golf community homes will be sold on a first come...

Invest in UAE property to have rent and improve returns Prices are pretty flat in the UAE at the moment, and you aren’t likely to get much capital appreciation this year. So why buy if your investment isn’t going to go up in value? Because if you take everything into account, even if your property doesn’t appreciate in value 1 fil, it halves your rent. Here is an example of two units currently listed...

Buying in Abu Dhabi - Who, What and Where Abu Dhabi Law 19 of 2005 did two things, firstly it allowed Emiratis to buy and sell land (they had not been allowed to do this before that date), and secondly it created the notion of “Investment Areas” in which property can be “owned” by non-UAE Nationals. Buy Property in Abu Dhabi - No-one apart from UAE nationals (or companies wholly owned by them (not...

Thinking of buying? Ben Crompton, managing partner at Crompton Partners Estate Agents, tells us the top 10 things to avoid when house hunting in the capital Rising rents in some areas in Abu Dhabi and a flat sales market have meant that more and more people are looking to buy in the capital, either as an investment or just to control their own rent. Buying property anywhere in the world is a big...

Abu Dhabi Housing May Newsletter - New Brochure and New Office May Newsletter. No more news on the 3% tenancy tax I’m afraid. Rents continue to be stable except on Reem Island and the Corniche where inventories are growing. Other relevant industry articles can be found on our blog.   Physical Brochure - We have converted our updated “Complete Guide to Renting in Abu Dhabi” into a physical...