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Learn more about the Abu Dhabi apartment market through trends and average prices.
Abu Dhabi is the second largest populated country among the other Emirates. It had a population of about 3.23 million in 2018, which is 34.7% of the total UAE population. Geographically, the country projects out into the Persian Gulf forming a T-shaped island. As the capital of the United Arab Emirates, Abu Dhabi houses the UAE Government that comprises of the Abu Dhabi Royal Family. Today, Abu Dhabi forms the crux of UAE's political and industrial activities and contributes roughly $400-billion to the UAE economy, mainly due to its vast oil reserves.
Living in Abu Dhabi is very beneficial as there are better job opportunities, higher quality of living, and good transportation. However, the most important factor is the falling price of a property, which averages at a price of AED 14,317 per square meter and makes buying an apartment quite affordable. Property reports reveal that prices have fallen by 16.3% for 2-bedroom apartments in the region of Yas Island at Abu Dhabi.
Below is a list of apartment types that you can find for sale in Abu Dhabi.
In contrast to the highly developed city of Dubai, Abu Dhabi is nicely spread out and houses many nice and friendly neighborhoods. There are many interesting places to visit including the Emirates Palace, The Corniche, Hayyatii Towers, Etihad Towers, and the Louvre. For entertainment lovers, there is the Yas Marina, Yas Waterworld, Ferrari World, and the Yas Marina Circuit and don't miss out on a visit to the grand Sheikh Zayed Mosque and the Mariam Umm Eisa Mosque.
Below is a list of Abu Dhabi's popular areas
Abu Dhabi has a mix of international influences along with a very strong bond to its local heritage. This creates a perfect blend of both new and old. Although you may find the country rooted in its Islamic traditions, Abu Dhabi is tolerant and hospitable to all alike. Foreigners can practice any religion and dress in any manner. Women also have the freedom to move unescorted and to possess a driver's license. Abu Dhabi also promotes traditional cultural practices in addition to modern sporting events such as camel racing, falconry, dhow sailing. If you wish to enjoy a cruise in the Persian waters, then chartering a yacht is a good option. Surrounded by the sea on all sides, Abu Dhabi is the perfect destination to bask in the sun and enjoy the countless distractions it has to offer. Most importantly, you will find all types of cuisine that will please the taste buds. Many visitors will charter a boat to explore nearby locations.