With real estate developers across Dubai scrambling to keep announced projects in line with delivery close to the mega Expo 2020, the property sector in the neighboring UAE capital is also keeping pace. Life in Abu Dhabi moves at a much calmer pace, but the amenities are no less than those on offer in Dubai. The emirate also remains one of the key destinations for business, trade, manufacturing and financial services in the MENA region, attracting professionals from all corners of the world.
The continued influx of expat talent makes way for a healthy real estate market that rides high on demand for both accommodation and office space.
As finding a suitable apartment is always a concern for newcomers, we have sought help some from UAE property portal Bayut.com to tell you the areas that attract most interest from intending tenants in the UAE capital. So set your worries aside and consider these localities for setting up base in Abu Dhabi.
Al Reem Island
Being one of the most desirable residential localities in Abu Dhabi, Al Reem Island was the most searched locality on Bayut.com in the third quarter of the year Q3.
The area received 20 percent of all searches aimed at apartments available for rent in Abu Dhabi. Al Reem Island is a popular locality among buyers and comparable to Dubai Marina for its luxury offerings and waterfront views. It is also home to some of the most stunning architecture in the city, so that is another plus.
Al Raha Beach
The second most popular locality for renting apartments in Abu Dhabi was Al Raha Beach, queries for which made up 8 percent of the total searches. Though rents here are slightly dear, the amenities and environment more than make up for it. This locality provides high-end residential apartments with stunning views of the Persian Gulf. It is also close to the airport and entertainment destinations like the Ferrari World and Yas Waterworld, making it even more appealing to prospective tenants.
Khalifa City A
This particular locality became the third most searched area for renting apartments in Abu Dhabi. Khalifa City A also secured 8 percent of the total search hits. Similar to the first two localities, Khalifa City A also offers an array of apartments for all types of customers. It is close to the main island and the airport and one of most adequately equipped areas in the capital. All in all, this is an ideal place to live with a family.
The fourth spot on the most popular localities for renting apartments in UAE’s capital was Al Muroor. The locality received 6 percent of all search queries for apartments in Q3. This area also provides unprecedented facilities to residents to support a quality living environment. The locality is well-suited to newly-married couples or small families.
Corniche Area secured the fifth position by receiving 6 percent of the total search hits for rental apartments available in Abu Dhabi. This particular locality forms a curve on the western side of the main Abu Dhabi island and is well-supplied with an organized network of cycle paths, fountains and ample space for greenery in the form of parks.
Author: Ahsen Ghufran Khan, journalist and a real estate analyst.