Are you considering utilizing your funds in a useful investment plan? Well, you might hear many ideas from friends, colleagues, and different acquaintances. However, the best investment right now is real estate, which is also in Abu Dhabi. It seems to be escalated quickly, but this is worth it.
The city is booming with development, and new projects are only going to increase your ROI in the future. So, if you have funds to invest, freehold property investment in Abu Dhabi is a smart choice.
Now, you might think, why freehold? It is because this type of property gives you complete ownership without any limit.
Abu Dhabi’s property market has experienced tremendous growth in recent years, particularly following a regulation change that permitted foreign nationals to purchase freehold property in special investment zones.
These freehold regions have emerged as the preferred option for real estate investors in Abu Dhabi. So, let us offer you a list of regions where you want to invest.
Freehold vs Freezone
Many people confuse freehold and free zone areas. Both have substantial differences. Freehold property gives for the entire ownership of the land and property.
Meanwhile, free zone zones provide numerous benefits to enterprises, including tax cuts and exemptions from customs taxes. However, in a free zone, you are unlikely to be able to own the property entirely.
Top Areas To Buy Freehold Properties In Abu Dhabi
Look at the right place, and you will find your ideal deal in freehold communities for the best property in Abu Dhabi. Here are the areas to consider:
-
Saadiyat Island
Despite its remote location, Saadiyat Island is easily accessible via the Abu Dhabi-Al Falah Road.
Saadiyat Island, known as Abu Dhabi’s cultural hub, is a one-of-a-kind destination with ultra-luxurious residences and a plethora of world-renowned attractions. These include museums, beaches, golf courses, restaurants, and so forth. Furthermore, inhabitants have access to a wide range of convenient amenities, such as high-quality educational institutions, medical facilities, and grocery stores.
Global investors are drawn to Abu Dhabi’s premium lifestyle, luxurious mansions, and cultural attractions. Buyers can choose from a selection of projects offering apartments, villas, and townhouses based on their budget and needs and live a luxurious lifestyle in one of Abu Dhabi’s best freehold locations.
-
Al Reef
Al Reef is a mixed-use neighborhood on the outskirts of Abu Dhabi. The community is further divided into two sub-communities: Al Reef Villas and Al Reef Downtown. The family-friendly location provides its residents with a peaceful environment at a reasonable cost.
Private cars are typically preferred for transportation to and from the area. However, taxis and buses are also available for individuals seeking public transportation. Additionally, ride-hailing services are available in the neighborhood.
-
Al Raha Beach
If you prefer waterfront properties, Al Raha Beach is an excellent choice. It is one of Abu Dhabi’s most popular freehold communities, ideal for families and young professionals. Furthermore, it is a popular choice among expatriates who prefer a more premium lifestyle.
Al Raha Beach offers luxurious villas, townhouses, and apartments. Residents of many waterfront residences enjoy tranquil vistas and sophisticated facilities. The Al Raha Beach area includes a mall, schools, and beaches. It is also well connected to the rest of the Emirate via public transportation.
-
Masdar City
Masdar City is home to a variety of villa and apartment layouts; the city’s apartments have contributed to Masdar City’s ranking as one of Abu Dhabi’s best freehold communities. These apartments are found in some of the most modern residential developments with state-of-the-art features and amenities in the Emirate.
Due to the abundance of residential Properties for sale in Dubai, Abu Dhabi remains unheard of. But it’s perfect for families, singles, and professionals because residents can easily access parks, shopping centers, schools, and a host of other attractions.
-
Al Reem Island
Al Reem Island is near Abu Dhabi’s northeastern coast and might be the best place to find commercial property for sale in Abu Dhabi. This mixed-use development was among Abu Dhabi’s first free zones. Several high-rise buildings, including the well-known Gate Towers, can be seen on Al Reem Island.
In addition to high-rise structures, the region has a number of waterfront properties with stunning views. Residential buildings on Al Reem Island are designed in the Moroccan and Spanish styles.
Bottom Line
Finally, when you look for something valuable in your income, you need to expand your investment sources. One of them is real estate in Dubai or Abu Dhabi.
To be on the right path and have the latest list of properties, consult with the premium real estate agency in UAE. Las Colinas is all any investor needs to ensure high-level investments with higher rental yields. If you are ready to explore, let’s talk.
