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Abu Dhabi real estate market is booming due to the influx of European investors

Abu Dhabi real estate market is booming due to the influx of European investors

The demand from international buyers from all over Europe has been growing considerably in the Abu Dhabi real estate market. Some real estate agencies actually recorded a demand growth of up to 50% over the first four months of 2022 compared to the same period last year.

The influx is caused by different reasons, such as the growing freehold areas that facilitate business migration, Abu Dhabi’s unparalleled safety, its family-oriented lifestyle, and the city’s considerate measures to fight the Covid-19 pandemic.

International clients pay in cash and come from Austria, Germany, Italy, France, Romania, Poland, Russia, Kazakhstan, the United Kingdom, and Australia.

The value of real estate increased by more than 75% compared to the same period last year. It means that not only the number of investors but also the average property value is growing.

Since Abu Dhabi reopened its borders, people have started coming to this city as they realize what it has to offer. The emirate is family-oriented, safe, and quieter than some other communities.

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