Villas for sale in Abu Dhabi, the UAE
Abu Dhabi is the capital of the UAE and the country’s cultural, economic, and political center. This is where the main government agencies and institutions are situated. The UAE policies, specifically its lenient tax legislation, created wonderful conditions for living and working, which is the reason why property in Abu Dhabi has been in high demand among local residents, businessmen, and investors alike. Foreigners constitute the majority of the emirate’s population. They come here to live, work, and develop their business in comfort.
Many people’s requirements to accommodation changed because of the restrictions imposed during the pandemic, so those willing to buy an Abu Dhabi home currently prefer options like a single-family house in Abu Dhabi. Some employees are now working remotely, so they need additional space to equip a home office, a gym, a children’s playroom, and so on. As the demand for housing is high, new villa and townhouse communities are being built in the city all the time, specifically in the upscale property segment. The cost of villas in Abu Dhabi is growing both in the rental segment and in the sales market.
Buying a house in Abu Dhabi for foreigners
There is a caveat in buying villas in Abu Dhabi for expats: not all properties in this city are sold for full private ownership. Until 2019, citizens of other countries were only able to purchase a leasehold for 99 years. In spring 2019, however, the UAE government endorsed the list of communities in the country’s capital where foreign nationals were allowed to have full private ownership of real estate. This list includes investment areas and the city’s popular waterfront districts.
This initiative enhanced the already growing interest in the real estate market of the emirate among buyers from other countries. The demand for houses and villas in Abu Dhabi became higher, as people are considering a house investment in Abu Dhabi to receive a passive rental income. For expats, this is an opportunity to purchase a home for permanent residence.
Villa prices in Abu Dhabi
The value of a house in Abu Dhabi depends on many criteria. The property’s location matters a lot. Real estate in beachfront communities is more expensive than units located farther from the sea. The pricing is also affected by the time of the property construction, the total floor area, and the availability of additional amenities, such as a swimming pool, a private garden, a rooftop terrace, etc.
A two-bedroom villa in Abu Dhabi costs about AED 700,000 (USD 190,000, or CNY 1.3 million). The value of a three-bedroom villa varies from AED 850,000 (USD 231,000, or CNY 1.6 million) to AED 6 million (USD 1.6 million, or CNY 11.2 million). The cheapest five-bedroom house is worth AED 1.9 million (USD 517,000, or CNY 3.5 million).
If you would like to save and can afford to wait a year or two for the property to be commissioned, you can buy a villa in Abu Dhabi at the construction stage. In such cases, the developer can give a 30% discount from the property’s market value.
Investment house in Abu Dhabi
The capital of the UAE is a popular place in which to invest in real estate, and particularly so over the past few years because of the rapid development of the country’s economy, support of small and medium enterprises, and the lenient tax legislation.
The key advantages of investing in the emirate’s real estate include:
- Capability to have full private ownership of your home
- No real estate tax
- High return on investment
- High liquidity of residential properties because of the quickly growing demand among foreign nationals
If you are planning to purchase an investment house in Abu Dhabi, you can be sure of a 4.4% – 7.1% return. Villas in Al Reef generate the highest yield of 7.1% per annum because this community is close to the sea and the international airport. Villas in Abu Dhabi for investment and permanent residence are a great option not only because of the high returns but also because the value of real estate in this emirate is incrementally increasing, which keeps your money safe from inflation.
Buy a house in Abu Dhabi
When considering villas and houses for sale in Abu Dhabi, be sure to assess the current situation in the emirate’s real estate market. Our aggregator website is a great resource, as it contains numerous listings of villas and houses from real estate agencies, private persons, and developers in Abu Dhabi. You can quickly select the most suitable property by using our convenient search system with filters that can be customized for certain communities, residential projects, price ranges, etc. The website lists prices in euros and dollars for your convenience.
Start selecting the best option of your future home on our platform today!