Bayut and dubizzle, the UAE’s leading property listing portals, have rolled out their Abu Dhabi real estate market reports for Q3 2022. As per the collective data extracted from these platforms, property sales prices in Abu Dhabi have maintained a steady upward trajectory, whereas rental costs have remained largely stable across prominent areas in the capital.
Properties For Sale In Abu Dhabi
Saadiyat Island has emerged as the most popular area to purchase upscale villas in Abu Dhabi.
As per the data accumulated by Bayut & dubizzle, Al Reef has remained the most popular area for the sale of affordable villas during the past three months.
Prospective investors and homeowners have preferred waterfront and island communities to rent upscale flats in Abu Dhabi.
Prospective investors and buyers have shown interest in suburban neighbourhoods when it comes to renting reasonably-priced apartments in Abu Dhabi.
Rental Yields in Abu Dhabi
Off Plan Projects in Abu Dhabi
Properties For Rent
According to the price trends observed on Bayut & dubizzle, Mohammed Bin Zayed City (MBZ) has been highly sought-after for renting affordable villas in Abu Dhabi.
On the luxury front, Al Mushrif has been the most-searched-for area to rent upscale villas in Abu Dhabi.
Khalifa City A has been the most popular area for affordable flats in Abu Dhabi in Q3 2022.
Tenants looking for high-end apartment rentals in Q3 2022 have largely focused on Al Reem Island.
Commenting on the trends, Haider Khan, the CEO of Bayut & dubizzle and the Head of EMPG MENA said;
“Abu Dhabi has gone from strength to strength in the past few years, thanks to its sustained popularity as a safe and secure, family-friendly destination. Investments in the capital have also been on the rise with many entrepreneurs taking advantage of the revised Golden Visa requirements. To fuel the growing demand from both local and global investors and homeseekers as a result of the stability of the emirate and the appeal of the revised Golden Visa schemes, leading developers like Aldar have launched several projects including a multi billion dollar project in Jubail Island. Traffic has also been on a steady upward trend on both Bayut & dubizzle, with over 10M visits in the last 10 months alone. The economy is also looking strong in light of seasoned entities like FAB, ADIB, and ADCB closing higher in mid October as per reports on WAM.”
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