Abu Dhabi

HIGHLIGHTS

OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

IN A NUTSHELL:

• Abu Dhabi is the capital city of the United Arab Emirates
• Oil-rich economy, with a growing focus on tourism, healthcare, and education.
• Cost of living is moderate, compared to other major cities in the Middle East.
• Public transportation, taxis, and ridesharing apps are readily available.
• Abu Dhabi is a modern, cosmopolitan city with a rich culture and history.
•  It offers a variety of attractions and activities for visitors to enjoy.

Abu Dhabi is a vibrant city with diverse neighborhoods catering to different lifestyles and preferences. Here's a glimpse into some of the most popular neighborhoods:

1. Corniche:

• Luxurious beachfront community with stunning views of the Arabian Gulf.
• Ideal for those seeking a luxurious lifestyle with easy access to the beach, cafes, and restaurants.
• Home to iconic landmarks like the Corniche Beach and Heritage Village.
• Real estate is pricey in this area.

2. Al Bateen:

• Trendy and up-and-coming neighborhood known for its art galleries, cafes, and restaurants.
• Offers a relaxed atmosphere with a mix of modern and traditional charm.
• Popular among young professionals and families seeking a vibrant community.
• Real estate prices are rising in this area.

3. Saadiyat Island:

• Upscale island development known for its luxury hotels, beaches, and cultural attractions.
• Home to the Louvre Abu Dhabi, Manarat Saadiyat, and the Saadiyat Beach Golf Club.
• Offers a tranquil and exclusive environment with limited residential options.
• Real estate prices are among the highest in Abu Dhabi.

4. Khalifa City:

• Large and well-established residential area offering a variety of housing options at affordable prices.
• Divided into sub-districts like Khalifa City A, B, and C, each with its own amenities and character.
• Ideal for families seeking a spacious and quiet environment.
• Real estate prices vary depending on the sub-district.

5. Al Reef:

• Family-friendly community with a relaxed atmosphere and a growing number of amenities.
• Offers a variety of villas, apartments, and townhouses at competitive prices.
• Home to Al Reef Downtown, a popular spot for shopping and dining.
• Real estate prices are stable and offer good value for money.

6. Al Raha Beach:

• Upscale beachfront development with stunning views of the Arabian Gulf and mangroves.
• Offers a mix of luxury apartments, villas, and townhouses.
• Home to Al Raha Beach Hotel, various restaurants, and recreational facilities.
• Real estate prices are high but reflect the location and amenities.

7. Al Shamkha:

• Growing residential area located further inland from the city center.
• Offers a variety of affordable housing options, including apartments, villas, and townhouses.
• Ideal for first-time buyers and families seeking a quiet and spacious environment.
• Real estate prices are still relatively low but are expected to rise in the future.

8. Al Bahia:

• Another large residential area offering a mix of affordable housing options.
• Divided into sub-districts like Al Bahia A, B, and C, each with its own amenities and character.
• Ideal for families seeking a peaceful and affordable community.
• Real estate prices are competitive and offer good value for money.

Transportation

Abu Dhabi boasts an extensive public transportation network managed by the Integrated Transport Centre (ITC). The network includes buses, taxis, and ferries, providing affordable and efficient travel options to residents and visitors. Currently under construction, the Abu Dhabi Metro is expected to revolutionize public transportation in the city. The metro system will consist of seven lines spanning over 130 kilometers, connecting major landmarks and residential areas.Abu Dhabi is increasingly becoming a bike-friendly city. Dedicated cycling tracks are being built across the city, and several bike-sharing programs are available.

Education

Public Schools: Abu Dhabi offers a high-quality public education system, with schools offering instruction in both Arabic and English.

Private Schools: Numerous private schools cater to different nationalities and educational philosophies, providing parents with a wide range of options.

Higher Education: Abu Dhabi is home to several prestigious universities, including New York University Abu Dhabi and Khalifa University of Science and Technology.

Vocational Training: Numerous vocational training institutes offer specialized programs in various fields, providing individuals with the skills needed for successful careers.

Health 

Abu Dhabi boasts world-class public hospitals offering comprehensive medical care.Many private hospitals provide specialized services and cater to a high-end clientele.A network of clinics throughout the city offers primary care and specialized medical services.The mandatory health insurance scheme in Abu Dhabi ensures access to quality healthcare for all residents.

Social and Cultural Facilities

Abu Dhabi offers a vibrant social and cultural scene, with a wide range of facilities catering to diverse interests. Here's a glimpse into some of the most prominent:

• Louvre Abu Dhabi: This world-renowned museum houses a collection of art and artifacts spanning centuries and civilizations. It's a must-visit for art enthusiasts.
• Manarat Al Saadiyat: This cultural center hosts exhibitions, workshops, and events throughout the year, offering a platform for both local and international artists.
• Etihad Modern Art Gallery: This gallery showcases a collection of modern and contemporary art from the Arab world and beyond.
• Abu Dhabi Theatre: This performing arts center hosts a variety of plays, musicals, and dance performances.
• Zayed Central Library: This library houses a vast collection of books, journals, and other resources in both Arabic and English.
• Heritage Village: This open-air museum recreates a traditional Emirati village, showcasing the culture and heritage of the region.
• Al Ain Oasis: This UNESCO World Heritage Site is a sprawling oasis with historical forts, farms, and falaj irrigation systems.
• Mangrove National Park: This protected area is home to a variety of mangrove trees and wildlife, offering opportunities for kayaking, birdwatching, and nature walks.
• Yas Island: This entertainment destination features Ferrari World Abu Dhabi, Yas Waterworld Abu Dhabi, and Yas Marina Circuit, home to the Formula 1 Etihad Airways Abu Dhabi Grand Prix.

These are just a few of the many social and cultural facilities available in Abu Dhabi. Whether you're interested in history, art, performing arts, or simply want to experience Emirati culture, Abu Dhabi has something to offer everyone.

Cost of Living

The cost of living in Abu Dhabi can vary significantly depending on your lifestyle and preferences. However, it is generally considered to be lower than other major cities in the Middle East, such as Dubai. Renting an apartment in Abu Dhabi can range from AED 5,000 to AED 30,000 per month, depending on the size, location, and amenities. Utilities, including electricity, water, and garbage collection, typically cost between AED 500 and AED 1,000 per month. Groceries in Abu Dhabi are relatively affordable.Eating out can be expensive, especially at high-end restaurants. However, there are many affordable restaurants and cafes to choose from. A meal out can cost anywhere from AED 50 to AED 200 per person.Public transportation in Abu Dhabi is affordable and efficient.Healthcare costs in Abu Dhabi are generally lower than in Western countries.

Overview

Abu Dhabi, the capital of the United Arab Emirates, is strategically located in the heart of the Middle East. Located on the Arabian Gulf, this city serves as a global center of trade and commerce. Its proximity to major markets in Asia, Europe and Africa makes it an ideal choice for international investors. Abu Dhabi offers a tax-friendly environment for real estate investors. There is no personal income tax or capital gains tax, making it an attractive destination for those looking to maximize their profits. Additionally, the introduction of long-term visas for investors and their families has further increased the attractiveness of investing in Abu Dhabi. Abu Dhabi offers not only economic advantages but also a rich cultural experience. The city is home to world-class museums, historic sites, and vibrant cultural events. Abu Dhabi real estate investors have the privilege of being immersed in a culturally diverse and rich environment.  In 2023,  Abu Dhabi real estate offers an excellent opportunity for investors looking for stability, growth and a tax-friendly environment. Due to its strategic location, diversified economy and government incentives, Abu Dhabi is considered a premier destination for real estate investment in the world. Whether you are an experienced investor or planning your first foray into real estate, Abu Dhabi's attractions and advantages make it an attractive choice for your investment portfolio.

Real Estate Market

Investing in Abu Dhabi real estate has become popular due to the market's evolution and increasing opportunities. Abu Dhabi's real estate market has evolved dramatically in recent years, increasing investment opportunities for many. Before diving into the world of real estate investing, investors need to take some basic steps to ensure profitability. Investors need to understand current and future market conditions and whether the area has the potential to attract tourists and renters. These two aspects work together to ensure a profitable real estate investment in Abu Dhabi. This increases the value of the property and increases his ROI in the long run.Investing in Abu Dhabi real estate can be profitable, but careful research and understanding of the market are crucial for success. As Vartur Real Estate, we are here to help you for investing and we recommend investing in property over keeping money in the bank for a better return on investment.From its strategic location to tax incentives, strong infrastructure and sustainable development, Abu Dhabi offers fertile ground for real estate investments to flourish. Whether it's rental income, appreciation or portfolio diversification, Abu Dhabi's real estate market has it all.

Types of Housing

Abu Dhabi offers a wide range of real estate options to suit different budgets and lifestyles. From luxurious villas to modern apartments, this city has something for everyone. Villas are a popular property type in Abu Dhabi. Villas in Abu Dhabi are typically larger and more spacious than apartments and offer plenty of privacy and outdoor space. Perfect for families and those looking to entertain guests. If you're looking for a cheaper option, Abu Dhabi also has plenty of apartments. The city has many high-rise buildings with modern facilities such as gyms and swimming pools. Ideal for young professionals and small families who want to live close to the city centre. Another property type that is becoming increasingly popular in Abu Dhabi is townhouses. Equipped with a private garden and common facilities, this property strikes a balance between affordability and luxurious living. If you're looking for a sense of luxury, this penthouse might be the perfect choice. Often located on the top floors of high-rise buildings. These units offer stunning views of the city skyline while ensuring ultimate privacy. In summary, whether you prefer luxury villas or stylish apartments in Abu Dhabi, as Vartur Real Estate, we offer you all the options when it comes to real estate in Abu Dhabi.