Areas for the purchase of commercial real estate in Abu Dhabi
According to the emirate’s development plan, it is necessary to attract foreign investments to the city for business development and job creation. For this purpose, many premises of various purposes are being built, sold and rented in the city.
The business activity quarters in the capital of the United Arab Emirates are the Abu Dhabi Global Market Media and Entertainment Hub free Economic Zones. Foreign companies – residents of these territories rent offices in these locations. Startups and branches of international organizations are also concentrated here.
The purchase and rental of commercial properties in these territories require additional preparation, since there are different rules of law regarding real estate transactions in comparison with the residential areas of Abu Dhabi.
The best areas for investing in commercial real estate in Abu Dhabi are considered to be mixed-use neighborhoods with high demand for rental housing, constant population growth and development projects planned for the near future.
The list of apartments, retail areas, offices and warehouses popular with buyers and tenants includes the following:
- Al Rim Island;
- Saadiyat Island;
- Al Raha Beach;
- Yas Island;
- Al Ghadir
The commercial real estate sector in Abu Dhabi regularly offers new opportunities, the legislation of the emirate is changing, new buildings are being erected, infrastructure is being improved. Real estate in the city is bought for doing business, to accommodate staff, goods and much more, and for resale or rental, for example, you can buy an entire floor in an office building and rent out offices.
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