Expatriates can buy in several areas of Abu Dhabi, namely Saadiyat, Reem Island, Raha Beach, Al Reef, Hydra and al Ghadeer. Like the rest of the world Abu Dhabi’s housing market peaked in 2008/9 and then went through four years of consolidation finally seeing positive returns again in 2013. Buying property in Abu Dhabi is a fairly simple and quick process, many thousands of transactions have been...
It is still too early to say what the new real estate law holds (as a full copy hasn’t been circulated as yet) but it will certainly be affecting landlords. On the positive side the press release on the law seems to suggest that there will be a central property register for landlords. Currently Abu Dhabi Municipality holds the register for property owned by UAE nationals and the individual developers...
Video - Best Balcony Views in Abu Dhabi Crompton Partners Estate Agents. The Professional Choice in Real Estate. Established by brothers Benjamin and Barnaby Crompton with a vision of providing a first class service based on expertise and professionalism, Crompton Partners Estate Agents have set the standard for real estate whilst becoming one of the best known and most trusted agencies across the...
Is this a New Rent Cap for Abu Dhabi? On the 16th June 2015 Mohamed Al Khadar, Executive Director, Urban Development & Estidama Sector, of the Abu Dhabi Urban Planning Council (UPC), told Emirates 24|7 “A new law was issued regulating the property sector in the emirate and we believe that DMA will come out with a provisional rental index by year-end,”. That sounds pretty official, there will...
Ben Crompton Ben graduated in law from Cambridge University (Jesus College) from where he went on to work in a Hedge Fund in London before becoming a Hedge Fund and Private Equity Lawyer with Ashurst and then Akin Gump in Abu Dhabi. Ben left after seven years to open a Real Estate Firm in Abu Dhabi, Crompton Partners - with his brother Barney opening the Dubai branch. As Managing Partner of Crompton...
What is Lease to Own? Lease-to-own is a very simple premise and was very popular in Abu Dhabi in 2011/2012. Residents of both Sun & Sky towers and the St Regis apartments were given the option to lease-to-own. See our guide to buying here Call Cristy on 050 800 4388 How Does Lease to Own in Abu Dhabi it Work? How it works is you sign a normal lease, often at a slight premium to the market...
Beautiful Time-lapse Sunset View from this 4 Bed Duplex in Al Zeina This Stunning Four Bedroom, Full Sea View, Duplex Apartment, complete with maids rooms and separate study room is huge, and is available for sale in Al Zeina Residential Tower E Block. The apartment offers an excellent size for a family or professional couple, floor to ceiling windows flood the apartment with natural light. Each of...
The Ins and Outs of Housing Your Service Staff in Abu Dhabi Hiring the staff for even a relatively small business can be a nightmare, but once you have the right people to sign on the dotted line then your headaches really begin: visas, transport, training and where exactly are they going to sleep? The biggest problem with staff accommodation has always been that to keep transport costs down companies need...
Why Abu Dhabi Rents Have Increased so Drastically There is no doubt that rents have surged in recent times, starting in the middle of 2013, continuing throughout 2014 and still now they are going up, drastically in some instances. Across the city in 2014 on average rents went up 17% according to CBRE but there has been anecdotal evidence of even higher rises in some buildings for some tenants. So let’s...
My landlord has decided not to renew my contract. Should he provide me with a reason? Your landlord does not have to explain why they are not renewing your lease. Before November 2013, landlords were obliged to renew leases unless they had good reason not to – they wanted to move in or demolish the unit. Now, however, your landlord doesn’t need a reason, only the required two months’ notice before...
