Abu Dhabi Properties Taste like Hot Cakes to Investors and Residents

Abu Dhabi properties are like hot cakes in the world of who’s who! Or may even in the world of those who are not that who’s who! And to the question why it is so, there are many answers! The first and the foremost is the undeniable fact that Abu Dhabi is the richest Emirates among the seven Emirates of Unites Arab Emirates. To breathe the air of this richest Emirate is a privilege to almost all who are residing there or planning to relocate there.

In 2008, the GDP of this Nawabi state was Dh 17.548 million for wholesale and retail market while total GDP of the Emirate for 2008 was Dh 520 billion.  This speaks volume about the affluency of this region and the overall healthy state of affairs. Since the real estate burst of Dubai in 2007, the attraction for properties and villas in Abu Dhabi has increased millions fold. The steady and measured socio-economic strategies of the government have put this Emirate on the high paddle of growth and development. A liberal economy and the blue waters of Arabian Gulf have added to its charms that few can resist.

Deemed as cultural hub of the Middle East, Abu Dhabi has many educational, cultural and art educations to attract many residential and institutional investors. Though, the economic growth of this richest Emirate may seem meteoric, it is a result of relaxation in hitherto stringent policies driven by Monarchy. Now, that the surplus of oil revenues encourages government to change regulatory and legal policies, individual and institutional investors are more attracted to Abu Dhabi properties such as villas in Abu Dhabi. The new relaxed laws allow private sector to undertake both commercial and residential property developments in Abu Dhabi instead of specialized government agencies. Developments such as ‘Al Reem Island’, ‘Al Raha Beach’ and ‘Saadiyat Island’ are testimonies to this liberal economic stand that the government has taken in a world without boundaries.

Offices in Al Reem Island to Experience Fun and Frolic of Waters of Arabian Gulf

A pearl of the Arabian Gulf - Al Reem Isle - a natural island 600 meters off the coast of Abu Dhabi island - is now an incredible tourist attraction for thousands of businesses and residential investors. A residential, commercial and mega business project called - Al Reem Island - is to be developed by master developers - Sorouh Real Estate (Shams Abu Dhabi), Reem Investments, and Tamouh. The fact that this Al Reem island is one of the first free zones in Abu Dhabi, it has gained much attraction among foreign businesses.

Following this project it is expected that offices in Al Reem Island will be landed a gorgeous look creating a “luxurious city” within city. Regulated by Buna, the regulatory authority of Abu Dhabi, the project will also offer some of the finest residential apartments in Abu Dhabi.  Since, the project is built around one of the finest islands of the richest Emirates of United Arabs of Emirates; it inevitably encompasses fun and frolic of blue waters! With this inbuilt pleasure, fun and joy, office in Al Reem are bound to experience the joys of Nature that can well prove to be stress busters for the employees!      

The employees and the residents of this community will have the benefits of incredible commuting facilities such as tram, metro and fast bus services available in the city. Al Reem project will be accessible by nine bridges all leading to Abu Dhabi. Given this matchless accessibility and commuting facilities, it seems that Al Reem project is none to second in this Universe and in fact competing with Heaven itself! 

Offices in Al Reem island will certainly have techno-centric look and feel. Residents of apartments in Abu Dhabi will enjoy almost all services centralized as part of the initiative to conserve the natural resources. Such centralized services include centralized laundry, centralized gas network service and automated vacuum waste collection which is considered to be the biggest in the world. 

Feel Royal and Pompous while Residing in Al Reef Apartments in Abu Dhabi

Al Reef is a limited liability company set up in 2001 under the law of Emirates of Abu Dhabi, United Arabs of Emirates. The company offers various types of properties to investors and expatriates. It is now not a secret that the property burst in Dubai in recent years has made Abu Dhabi a favorite destination for investors, residents and business owners to buy properties. Following this, there are a few developers who are keen to make profits by offering new properties in the form of furnished apartments on short to medium or long-term basis. This move is a sure way to fetch them quick money as the furnished Abu Dhabi apartments have high rental value due to higher investment value.

However, the property rates quite lower than they used to be once upon a time. And, therefore, one of the most sweet and ambitious of human desires “to have our own home” can come true.  And who would not like to buy beautiful villas, plush apartments, and serviceable studios at a cost much lower than imagined and that too in the world’s most rich and royal destination — Abu Dhabi.

Apart from offering luxurious apartments, Abu Dhabi also comes with other allures, most important being a temptation to reside in one of the most royal and princely states of the world. Al Reef apartments make sure that you indeed feel this royal-ness and pomp inevitably involved in it. However, it is always desirable that you make enough research to buy Abu Dhabi properties.

Though, internet is flooded with websites that claim to be the facilitators in buying you properties, especially Al Reef apartments, you need to check the credibility of those service providers/agents. As, in an age of deception it is difficult to trust such property agents and service providers. So, have a taste of royal-ness and all the pomp that inevitable come with being in the princely state.