Buying Luxury Property in Abu Dhabi, UAE as a Rental Investment

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 a luxury rental property as an investment involves a combination of traditional real estate fundamentals and the unique considerations that come with high-end properties.

As an investor are the aims cash flow, appreciation, or mixture of both that is the expected result, and is this investment property a short-term rental or long-term lease.

The property may be used personally as well as being an investment for part of the year which is termed a hybrid investment, and this will depend of the net-worth of the individual, and how much personal usage is being considered.

A luxury property that is to be used as a rental property, has to be located in desirable areas for it to appeal, areas such as those with water views, seclusion, night-life and recreation activities.

Those with a high-income are often the types to look for a luxury rental in tourism or executive relocation market. To find just where are the BEST luxury rental properties in Abu Dhabi, UAE, that are listed for sale as investments by real estate agents, will start with an online search via a listings portal.

When investing, due diligence is essential in any investment transaction, tax rates, and any local regulations should be reviewed etc. Hiring a real estate attorney is an essential part of the purchase process to ensure all legal paperwork is handled properly.