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...
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...
Abu Dhabi is setting the bar sky-high as the safest city globally, boasting an impressive 88.2 on Numbeo’s safety index. But what does this mean for you as an investor? Key reasons why this city's unmatched safety can pave the way for your ultimate success: Stability Means Steady Returns Imagine investing in a market where crime is nearly nonexistent—Abu Dhabi's crime index is just 11.8!...
Is the UAE the new global hotspot for the world's wealthy? With a booming economy and an unmatched lifestyle, it's no wonder this country has been crowned the world's leading millionaire magnet for three consecutive years. Let’s dive into what makes it a top choice for high-net-worth individuals. Impact of Wealth Migration on the UAE The influx of wealthy individuals has truly transformed the UAE....
With off-plan sales in Abu Dhabi skyrocketing to an impressive 8.2 billion this year, more investors are eyeing this opportunity. But how do you ensure your investment is safe? Here’s everything you need to know. Why Off-Plan Properties Are Gaining Popularity Why are off-plan properties in Abu Dhabi grabbing so much attention right now? Let's break it down. By purchasing a property before it's...
Aldar Properties has brought to life its newest project, The Arthouse, an exclusive residential community inspired by private members' clubs globally. Designed to provide residents with spaces that foster inspiration, the development boasts rich architectural details and interiors crafted by the award-winning DiLeonardo, presenting itself as a "gallery for living" tailored for creative individuals and art...
Official figures reveal that Abu Dhabi's non-oil sector reached unprecedented levels, contributing AED154.7 billion ($42.1 billion) to the GDP. According to the Statistics Centre – Abu Dhabi (SCAD), estimates show a 3.3 percent growth in Abu Dhabi's GDP during the first quarter of 2024, compared to the same period in 2023. This increase is credited to the strong performance of non-oil economic...
Navigating Abu Dhabi's rental market can be tricky for new employees. However, with the right strategies, businesses can ease this transition. This blog explores various housing allowances in Abu Dhabi, providing practical insights to help businesses select the best approach for their workforce. The Inventory Approach: In some companies, accommodation is pre-arranged before employees arrive in Abu...
Abu Dhabi, the capital of the United Arab Emirates, is continuously striving for growth and becoming an attractive location for real estate investors. With its powerful economy, modern infrastructure, prime location, and high-quality lifestyle, the city offers various opportunities for those looking to invest in properties. Let’s explore five reasons why you should consider investing in this real estate...
In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at 2,795 Dubai – CBRE Middle East, the global leader in commercial real estate services and investments, released its latest edition of the UAE Residential Market Review for the first quarter of 2024. In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at...
Compare listings
Compare