There is huge demand for real estate projects in Abu Dhabi in the first half of the year

There is huge demand for real estate projects in Abu Dhabi in the first half of the year

2024-08-17 18:23:10

Abu Dhabi: Adnan Najim

Company heads and experts on the Abu Dhabi real estate market confirmed that the emirate launched high-quality real estate projects in the first half of this year, which has greatly promoted the growth and expansion of the industry and attracted more investors and foreigners. Purpose of owning and investing.
They said Abu Dhabi’s real estate sector remains attractive for investment and delivers strong returns, supported by safe, stable and advanced infrastructure, making Abu Dhabi a world-leading place to live, live and invest. one of the cities.
Company leaders pointed out that the continued demand to buy and own real estate encourages development companies to launch quality real estate projects in various areas of the emirate, the most important of which are Al Hudayriat Island, Al Reem Island, Yas Island and other areas that are subject to investor demand and interest .
They noted that real estate projects have recorded huge demand and sales success from the moment they were launched, as many companies were able to sell all units of their projects in record time.
investor destination

Dr. Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investment Company, explained that in the first half of this year, the emirate of Abu Dhabi launched new, high-quality and outstanding real estate projects, making it a destination for regional and global foreign investors.
Al Mehairbi said that the success of real estate development companies operating in Abu Dhabi in marketing and selling these projects in a short period of time is due to a number of factors, the most important of which are the high demand for these projects, investors’ interest in Abu Dhabi Confidence in Zabi Real Estate.
He pointed out that the Al Hudayriat project “Al Nawaif and Al Naseem” has recorded huge demand from citizens, residents and foreign investors, as the project is located in Al Hudayriat Island, with the Arabian Gulf and the most beautiful beaches in the world, providing suitable investment residential units and villas for those seeking luxury living and living in the vibrant emirate of Abu Dhabi.
Al Muhairbi said: “The Al Hudayriat project will be a qualitative addition to the real estate initiatives launched in Abu Dhabi, which has already attracted interest and demand from various investors, both domestic and foreign, and it enjoys a strategically important geographical location. Strategically located with unique views of the Arabian Gulf coast and beautiful beaches, the project’s villas also meet the highest specifications and standards and are of the highest quality.
Al Muhairbi added: “Aldar Properties’ recently launched projects have received huge demand from investors and the company has achieved positive results in the first half of the year, with strong profits that will benefit shareholders and support the company’s work. Offering more in Abu Dhabi What a high quality project.
He continued: “The Ramhan project is considered one of the most important residential projects in Abu Dhabi as it was recently unveiled and is considered the ‘Maldives of the Gulf’ due to its location and residential units catering for investment meet the needs of residents and enjoy high-quality facilities.

Al Mehairbi said Radiant Real Estate’s keenness to launch quality and unique residential projects on Reem Island and the high demand it has achieved bodes well for an important and bright future for the company, which is gearing up to continue its work on Reem Island. Ways to roll out more quality projects on the island.
Al Muhairbi said that the real estate projects launched in Abu Dhabi are innovative and creative and keen to meet the needs of various market segments, attracting local and international investors.
He said, “Facilitating transactions and procedures related to the purchase and preparation of properties with relevant government agencies has helped many companies to sell their projects in record time and with complete ease, thanks to the instructions of the wise leadership. It is passionate about serving way to simplify procedures for investors and help attract them to work in Abu Dhabi.
He stressed that Abu Dhabi will witness increased demand for buying and owning real estate in the coming period, as Abu Dhabi ranks among the best cities in the world to live, work and live.
obvious activity
Dr. Ali Saeed Al Ameri, Chairman of the Board of Directors of Al Shumukh Group, said: “The real estate sector in Abu Dhabi has seen notable activity in the first half of the year, with the launch of new projects and increased demand to buy and own real estate, reflecting investor sentiment. Confidence in economic growth and the future of cities.
Al Ameri added: “Abu Dhabi’s real estate sector has also witnessed a significant increase in purchase and ownership demand from local and foreign investors, particularly in the residential and commercial sectors. New infrastructure projects and real estate developments are helping to attract investment and increase the attractiveness of the city.
Data indicates increased demand from foreign investors to purchase real estate in Abu Dhabi, particularly from GCC countries and Europe.
He continued: “Real estate prices in Abu Dhabi were generally stable in the first half of the year, with some sectors experiencing slight increases, such as the luxury residential sector. The stability of real estate prices is attributed to the balance between supply and demand and government policies aimed at regulating the real estate sector. relationship.
Al Ameri concluded: “In terms of investment opportunities, Abu Dhabi’s real estate industry is considered one of the stable and profitable investment industries in the coming years, especially with the rapid development of the emirate’s economy, especially in Abu Dhabi. The competent authorities in Dhabi care about sustainable development principles, which enhances the appeal of sustainable real estate investments and also provides… New real estate developments in Abu Dhabi offer new opportunities to find properties for sale or rent.

new project
Abdul Rahman Al Shaibani, Chairman of the Board of Directors of Manabea Real Estate Company, said: “The performance of the Abu Dhabi real estate sector in the first half of 2024 witnessed the launch of a variety of new projects, meeting all needs. Be it those of residents, local investors or foreign investors .
Al-Shaibani added: “The projects are experiencing strong procurement demand and high sales rates, with some projects experiencing price increases of 10-15% due to increased demand.”
He continued: “We expect that the demand for purchasing and investing in real estate will increase in the period ahead, thanks to the launch of many different projects serving various groups in society, as well as a suitable and suitable environment and an upscale society because of these factors Attracting many investors and entrepreneurs around the world.
investment destination
Amin Al-Qudsi, CEO of Nationwide Middle East Real Estate, said: “Real estate in Abu Dhabi is witnessing growing demand from foreign investors and residents. The increase in demand reflects the attractiveness of the Abu Dhabi real estate market as a safe haven and stability. investment destination.
Al Qudsi added: “The performance of the real estate sector in Abu Dhabi in the first half was generally positive and we witnessed the launch of many new projects, attracting significant interest and purchase demand from buyers and investors. The situation of owning properties has led to This reflects investor confidence in the Abu Dhabi real estate market.
Kudsi continued: “As demand for property increases, we are seeing slight increases in property prices in some areas. This increase reflects a balance between supply and demand in the market, but prices have remained relatively stable for the most part, which provides buyers with a Good investment opportunity.
He expressed his belief that buying, owning and investing in real estate in Abu Dhabi will be very important in the coming period, explaining that Abu Dhabi’s real estate market continues to grow, providing good opportunities for investors and real estate investments. is a safe bet for good long-term returns, especially given the economic and political stability that Abu Dhabi enjoys.
performance evaluation
Dr. Ayoub Al-Faraj, CEO and Partner of Sibad Real Estate Company and representative of Cold Banker Abu Dhabi, said: “The real estate sector in Abu Dhabi has performed strongly in the first half of the year, driven by an increase in new project launches and rising purchase and ownership demand. Increase.
Al Faraj added: “Performance can be assessed from several aspects, the most prominent of which is the launch of new projects. Abu Dhabi has witnessed the launch of many new real estate projects, which has helped to provide buyers and investors with a variety of options. choice, which reflects the developer’s confidence in the real estate market.
He continued: “The Abu Dhabi market has seen an increase in demand to buy and own real estate, both from foreign investors and residents, driven by a stable economic environment, advanced infrastructure and government policies that encourage investment. “
Real estate prices in Abu Dhabi have remained stable, with increases in specific areas, he explained, noting that this was due to increased demand for residential and commercial real estate, as well as the availability of flexible financing options. Al-Faraj stressed the importance of investing in real estate as it is considered an attractive option in the coming period due to sustainable returns and the many advantages associated with it, and the demand for real estate is expected to continue to rise, thereby Enhance your chances of successful investing.
At the end of his speech, he said: “Supported by the launch of new projects and increased investor demand, Abu Dhabi’s real estate industry is achieving sustainable growth and relatively stable prices, which makes investing in real estate a strategic option in the region. Coming soon period.

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