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Abu Dhabi Crowned Richest City with $1.7 Trillion

Abu Dhabi has claimed the title of the world's richest city, boasting a staggering $1.7 trillion in capital managed by its Sovereign Wealth Funds (SWFs) as of October 2024, according to Global SWF. This impressive figure includes key players like the Abu Dhabi Investment Authority (ADIA), Mubadala, Abu Dhabi Developmental Holding Company (ADQ), and more. A Leader in Wealth Management Following Abu...

Abu Dhabi Fights Illegal Villa Rentals and Misuse of Housing Benefits

Abu Dhabi has ramped up its efforts to address violations of government housing regulations, including the unauthorized rental of villas and the establishment of unlicensed businesses within these properties. Announced on Tuesday, the crackdown will also target abandoned homes across the emirate. The Abu Dhabi Housing Authority (ADHA) and the Department of Municipalities and Transport (DMT) are...

Abu Dhabi is set to welcome its first-ever W Hotels branded residences.

Taraf, the real estate arm of Yas Holding, a UAE-based investment holding group, has partnered with Marriott International, Inc. to announce a significant development: W Residences Abu Dhabi – Al Maryah Island. This collaboration heralds the arrival of the exclusive W Hotels-branded residences in Abu Dhabi, a privilege reserved for a select few. It marks a significant milestone for both parties, with...

Top 5 Homebuyers’ Questions in Abu Dhabi – Answered Just for You!

Thinking of owning a home in Abu Dhabi but unsure where to begin? You're not alone! Many first-time buyers—especially expats—share the same concerns. Let’s tackle the top five questions most people ask when buying a home in our city, so you can move forward confidently. 1. Can Foreigners Really Buy Property in Abu Dhabi? Absolutely! Expatriates can own homes in designated investment zones like Al...

Dubai and Abu Dhabi Set Transparency Benchmarks in 2024 Global Real Estate Index

The UAE has achieved remarkable progress in enhancing transparency within the global real estate sector, with both Dubai and Abu Dhabi recognized among the top five global improvers in the 2024 Global Real Estate Transparency Index (GRETI), released by JLL. Dubai claimed the 3rd spot, while Abu Dhabi ranked 5th for their advancements from 2022 to 2024. These cities were noted for their strengthened...

Abu Dhabi Launches First Official Rental Index: How to Check Current Rates in Your Area

On Tuesday, Abu Dhabi unveiled its first official rental index, developed by the Abu Dhabi Real Estate Centre (ADREC), the regulator of the capital's real estate sector. This platform, designed for tenants and landlords, aims to enhance market transparency, provide indicative rental values, and support the stability of Abu Dhabi's growing real estate market. It offers quarterly rental price estimates...

Abu Dhabi’s H1 2024 Secondary Market: A Record-Breaking Surge in Property Transactions

Did you know that in the first half of 2024, property transactions in Abu Dhabi soared to an impressive 36.2 billion AED? According to Crompton Partners’ report, this marks a significant uptick compared to the second half of 2023, driven by strategic government initiatives and a remarkable 225% surge in foreign investment. The real estate landscape here is evolving rapidly, offering lucrative...

5 Reasons Why a Real Estate Agency is Your Best Bet for a Hassle-Free Rental Experience

Struggling to rent out your property? You're not alone. Many owners find the rental process challenging. Let us walk you through how a real estate agency can take the hassle out of renting your property. Expert Negotiators That Save You Money Picture Ali, a property owner on Al Reem Island, who took on renting his place solo. The negotiation process left him feeling stressed and resulted in...

What Payments You Should Make When You Rent an Apartment in Abu Dhabi

If you are a UAE expat, who just arrived, you should consider the property options for rent in the city. You will receive plenty of opportunities that match your sought-after issues such as comfort, calmness, prime location, and maybe luxurious interior designs. Before you find accommodation in the vibrant capital of the UAE, Abu Dhabi, there are essential financial considerations to understand so that...

Luxury Living: Exploring the Most Exclusive Neighborhoods in Abu Dhabi

Abu Dhabi, the gleaming gem of the United Arab Emirates, is synonymous with opulence, extravagance, and luxury living. As the capital city, Abu Dhabi stands as a testament to the nation's unwavering dedication to modernity and progress, while still honoring its rich cultural heritage. Within the expanse of this vibrant metropolis lie enclaves of unparalleled luxury, where extravagance knows no bounds and...

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