Advantages of Buying Luxury Property in Abu Dhabi, UAE
Abu Dhabi is the largest of the seven emirates that comprise the United Arab Emirates and was also the largest of the former Trucial States.
Abu Dhabi is also a city of the same name within the Emirate that is the capital of the country, in north central UAE.
The city lies on a T-shaped island jutting into the Persian Gulf from the central western coast. If you are looking for property for sale in Abu Dhabi there is a wide choice for the private purchaser and the investor.
An estimated 1,000,000 people lived there in 2000, with about an 80% expatriate population.
The Emirate has approximately 70% of the country's entire wealth. Al Ain is Abu Dhabi's second largest urban area with a population of 348,000 (2003 census estimate) and is located 150 kilometers inland.
Buying luxury property in Abu Dhabi, UAE could offer several advantages beyond the standard real estate investment, especially if looking long-term.
With luxury property there is often a strong investment potential as luxury properties usually appreciate well over time, especially if purchased in prime locations.
Real estate, particularly high-end like luxury homes, tends to keep pace with or outperform inflation, and has proven to be so over time. Plus as an investment purchased and then rented out, can often generate significant rental income, especially in sought after vacation area or international business hubs.
Luxury homes, especially in sought after locations in Abu Dhabi, UAE, may come with private pools, gyms, smart home technology, and overall provide a superior living experience to owner and renters, plus luxury homes are often found in prestigious locations, and areas that are seen to be safer.
Due to the price homes such as these, they are often architecturally unique, come as custom designs and contain high-quality materials that make luxury homes visually stunning, built to last, and hold value.
Gated communities that feature upscale luxury homes usually are in more secure areas with 24/7 surveillance and restricted access, come with larger plots, private entrances, and secluded locations ensure a more private lifestyle.
Luxury real estate is often seen as a status symbol, with the advantages of buying luxury property in Abu Dhabi, UAE, and ownership that can open doors to elite social circles, events, or exclusive clubs, plus as an asset luxury real estate adds tangible wealth, can be seen as an investment diversification to an investment portfolio.
International investors can diversify geographically by owning luxury homes in different countries, such as Abu Dhabi, UAE, and these luxury properties are often passed down through generations, serving as valuable assets for the future.
How to buy, sell or rent properties in United Arab Emirates: