Abu Dhabi is the capital of United Arab Emirates and the wealthiest emirate out of all the others, as it possesses huge oil reserves. It is also the home of the royal family of United Arab Emirates and has a large number of government officials present at all times. The city is an out class composition beautiful eco friendly parks with modern architecture bringing it among the most fascinating cosmopolitan cities of the Middle East. Also with an average high income population Abu Dhabi offer a high standard life style and facilities to all its residents. Being the capital of United Arab Emirates it also homes most of the financial institutions, and head offices of a number of private and government organizations. Due to all these factors a lot of people from different parts of the world visit Abu Dhabi for various reasons. Abu Dhabi is also another fast emerging real estate and property market of the United Arab Emirates after Dubai.With the increasing demand of Abu Dhabi real estate, investors have begun to invest in the real estate market for better returns. A number of new construction projects in Abu Dhabi are offering some of the most fabulous, stylish and luxurious Abu Dhabi apartments and villas.
Another reason for the increase in the demand of these residential and commercial properties in Abu Dhabi is the high class standard it offers to its visitors and residents, as most of the elite from all over the world are tempted to buy property in Abu Dhabi. Also since the announcement of the 2030 development program for Abu Dhabi which is focused on developing infrastructure and improving on facilities by spending billions of dollars has caught the attraction of many investors who have started buying real estate properties in different areas of Abu Dhabi so that they get good return on their investment when the market is high. It is not just the investors who are buying property in Abu Dhabi but also the local residents feel the importance of the time and are buying properties in Abu Dhabi. These real estate properties include Abu Dhabi apartments, flats, villas, and home, and also commercial properties like offices, and suits.
The development program 2030 for Abu Dhabi property also include funds for development of tourism real estate sector in Abu Dhabi by bringing more versatility in its economy which is more dependent on oil currently. This all can only be done by developing some unmatched infrastructure with out class facilities for health, education, transportation, sports and entertainment as this is what attracts people from all over the world, and Dubai is a very good example of it. Abu Dhabi is also gradually gaining its position among the best cosmopolitan metropolis in the Middle East, but still it feels like it has a long way to go in competition with its neighboring emirates like Dubai, and Sharjah, which are already very popular among the tourists\and visitors. However the government of Abu Dhabi is trying to reduce in dependency on the oil money and diversify its economy by focusing on other businesses like tourism, real estate, and IT, to further enhance its economy.