Why Invest in Property in Abu-Dhabi?
Features & Benefits
One of the main features of purchasing in the UAE is the absence of capital gains and rental income taxation, providing financial benefits when buying, renting and re-selling property, generating greater levels of financial gain for the investor.
As Abu Dhabi is only recently developing interest to overseas property investors, the prices are still competitively lower than the near-by Emirate of Dubai. The government of Abu Dhabi is investing in the real estate and tourist markets to provide the location with a future growth, never before experienced in the region.
The urban expansion of Abu Dhabi is being carefully planned to provide sustainable growth. An outlook to provide high quality finished developments to accommodate the anticipated population expansion, which some predict will double within the next 10 years.
The serious move into real estate developments for Abu Dhabi will assist the location to continue its leadership as the economic centre of the UAE and one of the wealthiest cities in the world. Abu Dhabi has no shortage of oil, holding around 90% of the Emirates reserves, predicted to last for another 100 years.
With continuous improvements in infrastructure and the largest coastline of all of the Emirates, Abu Dhabi is developing a welcoming approach to expanding on its touristic market. The growth in tourism, along with being the UAE’s business and economical hub, are factors that will continue to place an increasing demand on the rental and real estate markets in the coming years.
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