Top Areas to Buy Properties in Abu Dhabi

The UAE capital city welcomes an extensive number of visitors from all around the world. With its beautiful buildings, gorgeous scenery, and variety of activities, Abu Dhabi is a location that everyone should visit. The wide range of investment options further enhances the capital’s appeal. In the United Arab Emirates, for example, the property market is very important. Thankfully, the government has made it possible for foreigners to buy properties in Abu Dhabi. Particularly, some locations are well-known for being popular among foreign buyers. We’ve put together a list of the hottest places in Abu Dhabi for foreign buyers.

Top Areas to Buy Properties for Sale in Abu Dhabi for Expats

There are thousands of foreigners living in Abu Dhabi. While visiting the emirate, foreign visitors and residents alike have the choice of renting a variety of UAE property kinds. On the other hand, the number of visitors and their curiosity about the real estate market was growing. Thankfully, foreign nationals are permitted to own real estate in approved regions by the government.

Particular areas on the list of places in Abu Dhabi where foreigners should buy property are quite well-liked by foreigners. Let’s examine the best places in Abu Dhabi where foreigners can buy property.

Al-Reem Island

Al Reem Island, a developing community, has become very well-known over time. Magnificent waterfront views are available from properties on the natural island. Al Reem is also among Abu Dhabi’s first freehold communities.

There are enough amenities in the region to make it a family-friendly area. For example, respectable educational institutions, leisure areas, and modes of transportation, among others. Those who love to discover a range of malls, such as the Galleria Mall.

Al Reem Island is well-known for its residential complexes. The average cost of an apartment for sale in Abu Dhabi at Al Reem Island is AED 1,303,000, and the return on investment is a remarkable 6.50%.

The island also offers a large number of villas for sale being one of the places in the UAE where freehold homes are located. The neighborhood is ranked #4 among the most popular locations in Abu Dhabi for foreign buyers. Al Reem Island villas for sale have an average sales price of AED 1,852,000 and a return on investment of 6.16%. Those seeking large homes may want to check out the villas located on the natural island.

YAS Island

One of the newest places in Abu Dhabi where foreigners are buying property is Yas Island. The vibrant area offers those who live there a unique way of life. The Ferrari World, Yas Marina System, and Yas Waterworld are a few of the surrounding important tourist destinations.

Yas Island is also a popular place to eat and shop. Locals may be informed about and near big events occurring in the area.

Yas Island apartments for sale average AED 1,720,000 with a 6.17% return on investment. However, there are also a lot of villas available in the region. Villas on Yas Island are quite well-equipped, with an average price of AED 4,911,000 and a ROI of 4.51%.

Al-Raha Beach

Al Raha Beach also appears on the list of areas where foreigners can purchase property. The mixed-use community is still a good choice for both, families and single people. The high-rise structures in the area are especially well-known. The apartment buildings offer stunning views of the waterfront to their residents.

Furthermore, the buildings contain the bulk of the amenities found in luxury apartments for residents to use. The average cost of an apartment in Al Raha Beach is AED 1,778,000, with a 5.83% return on investment.

Al Raha Beach is renowned for its luxurious homes as well. Al Raha offers a wide range of villas for those seeking a large property. The area is 5th on the list of the most desirable locations in Abu Dhabi for foreign buyers of villas. The villa for sale in Abu Dhabi at Al Raha Beach has an average sale price of AED 8,597,000 and a return on investment of 1.39%.

Al Reef

Al Reef, one of the best places for foreigners to purchase property in Abu Dhabi, is renowned for its wide range of facilities. Al Reef’s prime location places it close to well-known locations including Al Raha Beach and Al Khalifa City A.

There are also several well-known restaurants, retail centers, medical facilities, and schools in the region. Furthermore, there are many travel choices in Al Reef to make traveling easy.

Al Reef apartments for sale have an average price of AED 808,000 and an 8.08% return on investment. When it comes to foreigners looking to buy villas in Abu Dhabi, this area is ranked 5th number. The very attractive Al Reef homes for sale have a 5.85% return on investment. In the meantime, the average price that buyers paid for villas in Al Reef was AED 8,597,000.

Masdar City

One of the UAE’s most notable sustainable city projects is Masdar City. There are plenty of facilities and properties in this area.

Residents of this community enjoy an individual way of life because of the sustainable buildings. Additionally, the people of Masdar City have access to a dedicated robotic transportation service. Known as the “City of Tomorrow,” Masdar City is still a strong place to live and invest.

The average cost of an apartment in this sustainable development is AED 894,000, with a return on investment of 7.32%. whereas, Masdar City property for sale has a ROI of 4.74%.

Saadiyat Island

Foreign nationals wishing to purchase property in Abu Dhabi may also consider Saadiyat Island. Residents of this area can live luxuriously. The well-off district offers a fantastic selection of homes for both buyers and investors.

Saadiyat Island, one of Abu Dhabi’s residential islands, offers a seaside lifestyle. Saadiyat Island offers apartments for sale with an average price of AED 4,472,000 and a return on investment of 3.52%.

Still, villas are the most popular choice on Saadiyat Island. This area is the third preferred location by foreign buyers of villas in Abu Dhabi. Villas on Saadiyat Island are priced on average at AED 12,229,000 and have a 5.67% return on investment.

Conclusion

To understand the complete procedure, see the tutorial on purchasing property in Abu Dhabi. If you decide to go down this route, you should also look at these UAE house financing choices for foreigners.

In addition to the area listed above, there are other areas in Abu Dhabi where foreigners can rent homes and experience life in the nation’s capital. Look over these Abu Dhabi rental properties and consider other possibilities.