Introduction: When it comes to purchasing a property, the decision between buying a ready-made villa or buying a plot and building your villa can be a crucial one. While both options have their merits, this blog post aims to highlight the advantages of building your villa on a plot, offering you a unique and tailored living experience. Unparalleled Customization: Building your villa provides you...
Are you on the hunt for the perfect rental home in Abu Dhabi? Look no further! Let us introduce you to the incredible benefits of renting with us. Extensive Property Portfolio: Crompton Partners has an extensive selection of residential properties in Abu Dhabi, catering to various preferences and budgets. Whether you're seeking a cozy apartment, a luxurious villa, or a modern townhouse, we have...
Real Estate Investment Trusts (REITs) are a popular investment option in the real estate industry. REITs are similar to mutual funds, but instead of owning stocks, they own income-generating real estate assets such as shopping centers, offices, apartments, hotels, and warehouses. In this article, we will discuss everything you need to know about REITs, including whether they are applicable in the...
Abu Dhabi is booming with record GDP growth as non-oil contributes 50 per cent The Abu Dhabi economy is the fastest growing in the Middle East and North Africa, with a remarkable 9.3 per cent growth last year. Non-oil sectors contributed 50 per cent of GDP last year, with real estate, healthcare and real estate all contributing to significant growth. The Statistics Centre – Abu...
For the third consecutive time, Abu Dhabi has been ranked as the smartest city in the Mena region, according to the IMD Smart City Index report 2023. Published by the Switzerland-based International Institute for Management Development (IMD) in collaboration with the Singapore University of Technology and Design (SUTD), the report ranks Abu Dhabi 13th globally out of 141 cities, while Dubai takes the...
Off-plan residential transactions in Dubai for the first six months of 2018 were down 20 per cent from last year during the same period, according to GCP-Reidin. On the ready property side, sales in the first six months of the year held up well, with an increase of around about 6 per cent year-on-year. Does this mark the end of off-plan sales and a switch back to ready units? Time will tell, but what is...
Lots of residents own their cars in the UAE but far fewer own their houses. Undoubtedly, houses are more expensive than cars so I will not address my thoughts to the people who simply cannot afford a down payment on their own home, but more to those who have the deposit, own a car but do not own their house. On the face of it cars and houses occupy very similar places in our lives. They are both...
Since 2015 the Abu Dhabi Real Estate Market has had a tough time. The fall in the price of oil meant that, unlike the rest of the world who are now in their ninth year of recovery from the 2008 crash, we had a serious “double-dip”. The resulting government spending cutbacks, benefits reductions and job losses in 2016 lead to vacancies across the board and sales and rental prices dropped. 2017 was...
When you are an investor there are a lot of things you can put your money into. Stocks and shares, funds, art, bitcoin, crowdfunding, there is a pretty long list. Property is always high on that list. High net worth individuals will be told by financial advisors that they should invest a certain amount of their wealth into real estate, but why?...
A lot of people say to me “I’m only going to be here for a few years, surely buying doesn’t make sense”? But what is the actual truth? If you have read my articles “Why is Property Such a Good Investment” and “How Buying Property Halves Your Rent” then you will understand what a great investment property is, but over what time period does it make sense to invest. One approach, and I...
