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Abu Dhabi Real Estate: A Bright Future Ahead

The real-estate market looks highly appealing and brighter with the increasing demand for villas and apartments continuing to surge. The second half of the year looks brighter and more promising as mega-developments are in process with the Al Etihad Rail Expansion, and rising oil prices.

Abu Dhabi Real Estate Market Overview

Abu Dhabi’s market has recorded over 3,300 transactions valued at more than Dh11.3 billion. The second quarter is expected to end with a higher number as 2022 is going to be the strength for Abu Dhabi’s real estate.

In the first quarter, Abu Dhabi real estate has been strong as the initiatives by the UAE government have boosted the economic growth and improved the market in a better manner.

The residential and commercial market of Dubai is spread across the different areas of Abu Dhabi such as Al Raha Beach, Al Reem Island, Yas Island, and other residential areas of Abu Dhabi.

The delivery of 6,000 residential units in Abu Dhabi will surpass these years with the expected delivery of around 7,000 units in 2022. The property prices will increase in the second half but at a steady rate. 

The demand for luxury properties in the island communities on Yas Island and Saadiyat Island will continue to rise in H2. The property market will deliver a strong performance in the second half of 2022. It aims to capitalize on this upward trend and produce favourable results in the second half of the year. The higher oil prices enable the government to diversify its resources which will benefit many sectors across the emirate. The affordable properties in Abu Dhabi are over Dh1,550 per square foot, and Saadiyat Island topped the communities with incredible amenities. 

Hydra Village, Al Reef Khalifa City, Saadiyat Island, Al Raha Gardens, and Yas Island have received steady growth in 2022 and beyond. The strong recovery will proceed over 12 to 18 months in the Abu Dhabi property market to see steady growth in 2022 and beyond.

The real estate market of Abu Dhabi looks highly promising to domestic and international buyers who have shown huge interest in the emirate’s projects. The huge demand in the last five months of 2022 shows some promising sales numbers in Abu Dhabi. The villa rentals are also growing as development increases and stays at 5.0 per cent.

Signature Habitat: Your Real Estate Partner

Abu Dhabi real estate is the best place to live and every investment will yield higher returns as compared to other areas. 2022 for the UAE real estate market is incredible and is focused on changing the entire living by introducing developments that offer sustainable living and promote a luxurious yet healthy lifestyle.

Our team of experts at Signature Habitat finds you the perfect property including villas, apartments, and townhouses at affordable prices. The real estate market looks promising which means every penny invested is worth it. Signature Habitat helps the customer find the best property according to their budget and lifestyle.