Is Abu Dhabi an ideal location for residence?

The financial, economic, and cultural center of the Middle East, Dubai enjoys enormous popularity among foreign nationals. But wondering how Abu Dhabi compares in terms of its fast-growing economy and lavish, active lifestyle?

In contrast to Dubai, which welcomes tourists with glitzy, opulent resorts, interminable skyscrapers, shopping centers, and tourist attractions, Abu Dhabi is a modern city renowned for being more relaxed, slightly more traditional, and community-oriented than Dubai.

Abu Dhabi is located in the Persian Gulf, off the coast of the mainland, at the edge of the Rub Al Khali Desert. While Abu Dhabi is home to opulent resorts, skyscrapers, apartment buildings, shopping malls, and the renowned Ferrari World, it also protects natural landscapes like mangroves and turtle nesting areas along the coast, which makes it the perfect place to reside in. Abu Dhabi's beaches, including Corniche Beach, Yas Beach, Saadiyat Beach, and Al Sahil Beach, provide stunning turquoise waters that are perfect for swimming or enjoying water sports during the weekends. Mosques, temples, and stunning desert landscapes are among the many cultural and heritage sites that have been preserved in the city and are deeply rooted in religious traditions.

So if you are considering moving and are looking for apartments for sale in Abu Dhabi, then we got you covered!

Types of apartments for sale in Abu Dhabi

Investors can choose from a variety of apartments/flats for sale in Abu Dhabi, including ready-to-move-in and off-plan apartments.

Before construction begins, developers sell pre-construction apartments through a workable payment schedule. This makes the property more affordable for investors compared to ready-to-move-in apartments, encouraging potential buyers to make the move from renting to buying a home. Yas Island, Al Reem Island, and Saadiyat Island are popular areas with off-plan homes.

There are a variety of floor plans available for the fully developed apartments for sale in Abu Dhabi, including studio, 1, 2, 3, 4, & 5-bhk apartments in Abu Dhabi. From AED 300,000 to AED 21,000,000, one can sale an apartment in Abu Dhabi. The majority of apartments for sale in Abu Dhabi come furnished with contemporary conveniences and amenities like a laundry room, a maid's room with an attached bathroom, and a terrace or balcony. Dedicated parking spaces, a gym, and a pool are additional shared amenities that are frequently present in apartment buildings in Abu Dhabi. Several apartments complexes have ground-floor cafes, supermarkets, or casual dining establishments. Apart from the typical apartment buildings, investors can also find luxury penthouses in Abu Dhabi.

Apartments for sale in Abu Dhabi’s most popular areas

In Abu Dhabi, Saadiyat Island, Yas Island, Al Reem, Al Reef, and Raha Beach are the most well-liked locations. and areas like Yas Island, which is 20 kilometers east of the city center and only 15 minutes from Abu Dhabi Airport, should be taken into consideration for off-plan or secondary market properties. With golf courses, Yas Waterworld, Ferrari World, Warner Bros. theme park, and Yas Mall, Yas Island is known for its entertainment.

Another well-known location is Saadiyat Island. It is 25 minutes by car to get to the Abu Dhabi airport from the city center. Villas begin at Dh2.3m, and two-bedroom apartments start at Dh1.3m. The Louvre Abu Dhabi, Manarat Al Saadiyat, art galleries, and the Galleria Mall on nearby Al Maryah island are just a few of Saadiyat Island's cultural attractions.

Al Reem Island is a good investment due to its proximity to the National Mangrove Park & Abu Dhabi's northeastern coast. 2 bhk flats and apartments for sale in Abu Dhabi prices begin at Dh900,000, and a villa costs about Dh2.6 million. There are many retail establishments in the area, as well as recreational facilities like Gateway Park and Reem Central Park.

ROI on Abu Dhabi apartments for sale

Depending on the neighborhood you choose to buy a flat and apartment in, the return on investment (ROI) for Abu Dhabi properties is around 7%. With such a consistent rate of return, Abu Dhabi real estate has become an attractive option for investors and home buyers alike. Regardless of whether you are looking to purchase a residential property, commercial or retail space, or buy into a long-term development project, you can rely on Yallah to find the perfect flats and apartments that satisfies your needs. The less expensive neighborhoods in Abu Dhabi offer higher rental yields than the wealthier ones. Masdar City, Al Reef, and Saadiyat Island are the neighborhoods with the best returns on investment for apartments for sale in Abu Dhabi, respectively. Al Reef has an ROI of 8.6%, Saadiyat Island has a 7.8% return on investment, and Masdar City has an ROI of 8.7%.

How to buy an Abu Dhabi apartment for sale?

Use Yallah to search for your ideal property once you've decided to buy a flat/apartment in Abu Dhabi. You can use various filters to narrow down the large selection of properties on Yallah to the ones that best suit your needs and financial situation. The following step is for both parties to agree on the terms of the sale through a Memorandum of Understanding after choosing the residential unit and expressing your interest to the buyer (MOU). You would pay 2% of the flats and apartments value to the real estate company as a service fee when you signed the MOU, and 2% to Abu Dhabi Municipality. The developer will issue the ownership certificate once you have completed the necessary paperwork and payments, at which point you become the official owner of the property. It's crucial to be aware of the costs involved if you're thinking about buying a commercial property or apartments in Abu Dhabi. You'll also be responsible for paying stamp duty, registration fees, and other ancillary expenses in addition to the apartment's purchase price.