The awe-inspiring capital of the prestigious UAE, Abu Dhabi, makes it the richest emirate of all. With over 90% of the country’s oil reserves and 60% of the economy, it wouldn’t be wrong to refer to it as Bill Gates of the UAE. Whether you’re seeking a property for rent in Abu Dhabi or for sale, you’re open to multiple options, like villas, apartments, townhouses, and penthouses.
No wonder why the country attracts a massive count of expats every year. Moreover, the taxless income, exclusive security, and high-tech infrastructure would allow everyone to settle here. Not only do the locals find the city overwhelmingly impressive, but also the foreigners find it homely.
- Ideal Geographical Location
Besides being highly lucrative with real estate, Abu Dhabi has an ideal location. The city is easily accessible to some of the most sought-after countries, including Europe. Therefore, expats can easily fly to their native countries during festivals and annual celebrations. Moreover, they may use it as a base to travel to their dream countries like Turkey, Nepal, India, and Greece within 4 hours.
- Exclusive and Secure Lifestyle
Among the top ten safest states in the world, the name of the UAE stands tall. Whether you talk about Dubai, Sharjah, or Abu Dhabi, there’s a stabilized security system for everyone residing. The patrolling of police officers 24/7 makes it even more secure for the residents.
And, of course, no words can justify the wonderful communities of the incredible city. Upon moving here, you’ll find exclusive accommodations with high-tech furnishings and fittings.
- Easily-Accessible Transportation
Our next stop would be the transportation sector. While not everyone can afford a vehicle, Abu Dhabi’s transportation sector suits everyone for a comfortable commute anywhere.
In this regard, there are metro buses for domestic use and cabs and taxis for private use. Either way, it’s convenient to head to any nook and cranny of the city with public and private transport.
- Zero Property Taxes
One of the main perks of investing in real estate prepositions in Abu Dhabi is the taxless living module. Its
because the country has signed double taxation agreements with over 110 states, including the CIS.
Only excluding the property tax amount from the property cost is pleasant to the ears, right? That’s what the country has to offer to the buyers.
That’s a prime reason UAE has constantly been attracting foreign investors wishing to set up their real estate business somewhere profitable. All in all, Abu Dhabi owns one of the fastest-growing markets and offers incredible ROI opportunities.
- Centre of Annual Events
Abu Dhabi is becoming the center of the world’s yearly ceremonies and festivals. Many events are happening in Abu Dhabi, whether it’s global conferences, sports tournaments, or festivals.
Therefore, this shift has proven to be an advantage for the real estate industry. Within such eventful premises, there’s also a drastic move of expats looking out for rental properties.
Upon investing in real estate here, you’ll make higher ROI with a lucrative passive income that’s long-term and flourishing.
Wrapping Up!
The real estate industry has proven to be the backbone of the UAE’s economy. Therefore, Abu Dhabi’s real estate market drives the city towards prosperous economic growth and stability. All the investment opportunities and real estate perks have greatly contributed to skyrocketing its prestige. People visiting Abu Dhabi for employment and business have also increased the need for rental properties. Ultimately, property values have also got a boost, attracting investors from worldwide.