Abu Dhabi property is a hot deal today

[micah]

Abu Dhabi is the nerve center of UAE government and economic activities with most of the federal ministries, foreign embassies and petroleum companies located here. There are numerous ongoing development projects in the city and therefore it's easy to understand why a substantial increase in residential and commercial property is required. The Property Law, signed by President H.H. Sheikh Khalifa bin Zayed Al Nahyan on 10th August 2005, allows expatriates to invest on a leasehold basis within the Investment Areas. It is believed that the frenzy that has been the Dubai Freehold property scene over the last few years is now set to be matched in Abu Dhabi.

[sergio]

I would say it’s good investment for following reasons:-

• Acute shortage of accommodation at present.
• Current and future high demand for rent.
• Limited property investment areas available.
• Emerging market.
• Capital appreciation potential for investors who buy developments at initial stages.

[Kunlay]

I personally feel that the Abu Dhabi property market is where Dubai was about 5 years back with alot of potential. It along with Ajman would be my pick as an investment choice in the UAE at the moment.

[kevinhiggins]

I'm currently looking at Office space in Tameer Towers, I believe the UAE is and would be a magnet business in the middle east.

[alan_g]

Originally Posted by kevinhiggins

I'm currently looking at Office space in Tameer Towers, I believe the UAE is and would be a magnet business in the middle east.

its expensive