VES Realty is expanding its real estate portfolio with Abu Dhabi city

My dear clients, I want to inform you that VES REALTY company is expanding the portfolio of foreign real estate with Abu Dhabi city in the United Arab Emirates.

Through our cooperation with our reliable partner, we will present you the best deals of this rapidly developing city that you should not miss.

Abu Dhabi, the capital of the UAE, is the largest and wealthiest emirate. The city center is located on several islands, which are now rapidly developing.

• Why is investing in real estate here a profitable decision?

Promising areas

Abu Dhabi, the capital of the United Arab Emirates, is currently one of the most dynamically developing and promising areas for real estate investment. The capital of the Emirates has gained worldwide recognition thanks to its oil wealth. Abu Dhabi has successfully diversified its economy, making it very attractive to investors. In this article we will look at promising areas and opportunities for investors.

• Why Abu Dhabi?

Stable Economy and Political Stability

The introduction and implementation of business support and investment programs contribute to the growth of foreign economic activity and the attractiveness of Abu Dhabi as an international business hub. Strengthening the infrastructure of specialized economic zones not only improves conditions for current investors, but also attracts new foreign direct investment, stimulating economic development and technological innovation.

The Statistics Centre - Abu Dhabi (SCAD) has issued preliminary statistical estimates of the Gross Domestic Product (GDP), revealing a strong performance of the non-oil economy, which recorded a remarkable growth of 9.1%, and 3.1% growth of Abu Dhabi’s real GDP during 2023 compared to 2022.

Tourists have begun to choose Abu Dhabi more often for their holidays. 24 million travelers visited in 2023 which is 33% more than in 2022, and 18 million travelers visited it in 2022, which is 18% more than in 2021. This creates a favorable environment for investment.

Attractive Investment Opportunities

Abu Dhabi is actively investing in the development of its infrastructure, education and healthcare, which attracts both local and foreign investors. Over the past year, sales of new buildings have increased by 127%. There are two free economic zones in the region - Masdar City and Twofour54, which are a catalyst for capital inflow. The emirate offers a variety of investment packages and incentives, making real estate investing even more attractive.

Promising areas of Abu Dhabi

1. Saadiyat Island

Saadiyat Island is one of the most luxurious areas of Abu Dhabi, which is rapidly developing. This island attracts investors due to its beautiful beaches, high level of security and many cultural and recreational activities. Here you can find luxury apartments and villas that promise high potential for rental and subsequent sale.

One of the key events that made Saadiyat famous was the opening of the Louvre Abu Dhabi in 2017. This masterpiece, designed by French architect Jean Nouvel, was the first major art museum on the Arab Peninsula. Inside its walls you will find a rich collection of art representing cultures and eras from all over the world.

But Saadiyat is not only about the Louvre. Future plans include the opening of the Guggenheim Museum and the Sheikh Zayed National Museum. This means that Saadiyat will become an even more significant cultural center, attracting art lovers from all over the world. One of the main places to see is the unique interfaith complex Abrahamic Family House, which consists of a Mosque, a Catholic Cathedral and a Synagogue side by side.

In addition, the island has some of the best beaches with turquoise water, soft white sand and amazing dunes. The island is protected by the state due to its unique flora and fauna. The coast is home to a rare species of hawksbill sea turtles, pods of dolphins swim in the bay, and the beach is home to picturesque landscapes of mangroves. All this makes Saadiyat Island one of the most beautiful places in the world.

There are five major five-star hotels here: The St. Regis Saadiyat Island Resort, Saadiyat Rotana Resort & Villas, Rixos Premium Saadiyat Island, Park Hyatt Abu Dhabi Hotel And Villas and Jumeirah at Saadiyat Island Resort, offering a variety of upscale services. The island also has a walking area along the coast with restaurants, bars and cafes.

The island is home to some of the most prestigious educational institutions in Abu Dhabi: the British and French schools Cranleigh Abu Dhabi and Theodore Monod International French School, as well as the famous throughout the region New York University Abu Dhabi - a campus of New York University offering 25 specialties in the field arts and humanities, social and natural sciences.

A golf club with stunning views of the Persian Gulf has been created here - Saadiyat Beach Golf Club with 18 holes. The complex was designed by professional athlete Gary Player, considered one of the greatest players of all time.

There is a marina on the coast, which is the starting point for Nurai Island. This is an exclusive island with 33 luxury villas and the five-star Zaya Nurai Island Hotel. Two more marinas are under construction.

Advantageous location

Saadiyat Island is equidistant from both the ADGM financial center and the political center of the emirate, as well as from Abu Dhabi International Airport, which will take 25 minutes by car.

2. Yas Island

Yas Island is an amazing island that has become one of the most popular destinations in Abu Dhabi for recreation and entertainment. The peculiarity of this island is that it is artificial.

One of the most popular places on the island is Ferrari World Abu Dhabi - a famous entertainment complex that is very popular. It is considered the largest theme park in the world, featuring not only impressive displays of unique Ferrari models, but also many thrilling rides and state-of-the-art simulators. The main attraction of the park is the world's fastest roller coaster, accelerating up to 240 km/h. In addition, on the territory of the complex you can find two shops and restaurants serving Italian cuisine.

Another notable attraction in the area is Yas Waterworld, which offers over 40 water slides and the world's largest surf deck. Since its opening, Yas Waterworld has received numerous awards, including recognition from the World Waterpark Association in 2012, as well as awards from the World Travel Awards, Los Angeles Times and CNN in 2013.

Yas Island also has Warner Bros World Abu Dhabi, the world's third theme park dedicated to popular Warner Bros. films and cartoons.

The island has such popular hotels as: W Abu Dhabi, Radisson Blu, Crown Plaza Abu Dhabi Yas Island.

• Advantages compared to Dubai

Unlike Dubai, Abu Dhabi offers a more relaxed lifestyle and closeness to nature thanks to its beaches and islands. In addition, the Land Department tax here is 2% of the property price, while in Dubai it is 4%. In addition, Abu Dhabi is actively developing the education and healthcare sectors, which makes it attractive to family investors. It is also worth noting that Abu Dhabi is closer to key markets in the Middle East and Africa. And from 2026, a supersonic train will run between Dubai and Abu Dhabi, which will have a positive impact on the liquidity of real estate in the capital.

Investing in real estate in Abu Dhabi provides a unique opportunity to receive a stable income and invest in a promising and developing region. With political stability, diverse investment opportunities and attractive areas, Abu Dhabi is becoming an increasingly attractive destination for property investors.