Why
ABU DHABI?
A CITY OF THE FUTURE
Abu Dhabi, the vibrant capital of the United Arab Emirates, is a prime destination for real estate investment. As of 2019, the Real Estate Law was amended to allow foreigners to acquire full ownership of real estate. This is a significant development as previously only limited ownership was possible. This change offers foreign investors security and control over their investments and makes Abu Dhabi a very attractive global market.
Here are some more reasons why Abu Dhabi is the ideal place to buy an investment or vacation property:
Economic growth
Abu Dhabi is a major economic centre with a thriving and diversified economy. Significant investments have been made in infrastructure in recent years. Projects such as new transport networks, shopping centres, theme parks and cultural centres add to the city's attractiveness and increase the value of real estate. The city's economic growth also creates jobs and attracts more residents, which further increases demand for real estate.
Tax advantages
One of the biggest advantages of buying property in Abu Dhabi is the attractive tax system. There is no income tax, no capital gains tax, no property tax and no inheritance tax on real estate. This makes Abu Dhabi an extremely lucrative market for investors looking for tax-free income opportunities. These tax incentives significantly increase the net return for investors and make real estate investments in Abu Dhabi even more attractive.
Stability and security
The capital of the United Arab Emirates is known for its political stability and security . The city has a low crime rate and a stable political landscape, making it a safe place for families and individuals. Thanks to extensive security measures, residents and visitors alike feel protected.
High quality of life
Abu Dhabi offers an exceptionally high quality of life, characterized by first-class infrastructure, excellent healthcare and high-quality education. The city is known for its cleanliness, safety and high standards of living . Family-friendly parks, first-class shopping opportunities, a wide range of leisure activities and regular cultural events and festivals make Abu Dhabi an attractive place to live.
Attractive property prices
Compared to other international metropolises such as London, New York, Paris and also Dubai, Abu Dhabi offers competitive real estate prices. This enables investors to purchase high-quality properties at cheaper prices than in the above-mentioned cities. The combination of competitive real estate prices and high rental yields (up to around 8.8%) makes Abu Dhabi an optimal environment for real estate investments with significant potential for value appreciation .
Cultural diversity and cosmopolitanism
It is a multicultural city that attracts people from all over the world. This cultural diversity is reflected in a rich range of restaurants, cultural events and social activities. The city offers a harmonious coexistence of people of different origins and faiths, which makes it a lively and cosmopolitan place.
Conclusion
Abu Dhabi offers real estate investors attractive returns, both through high rental yields and the potential for significant value increases . The stable economic conditions and continuous investment in infrastructure make the market particularly attractive. The government of Abu Dhabi is committed to long-term development strategies and sustainable urban planning, which further strengthens investor confidence. Major infrastructure projects and progressive legislation create a stable foundation. These advantages make Abu Dhabi an optimal environment for real estate investments with significant value-added potential, supported by a forward-looking government and an optimal strategic location in the global market.