Abu Dhabi has regions and zones that are growing exponentially at a time when real estate and the property market are booming. The districts of Abu Dhabi that are outside the nerve center of the capital have started to attract investors, who find in these areas luxury villas and residences along with the tranquility they need in a strategic location.
In this context, investment specialists have highlighted Al Bateen, a residential area located between Nareel Island and Al Karamah Island, which has easy access to Sheikh Rashid Al Maktoum Road, one of the most important highways in the region. This area features an 800-meter sandy beach that has been awarded the prestigious International Blue Flag Award for the quality and safety of its coastal waters.
The appeal of Al Bateen, the preferred area for millionaires in Abu Dhabi
Al Bateen boasts luxury villas and residences with lush gardens and ideal spaces for family living. This district is divided into six sub-communities, including Al Marasy, Bloom Marina, Al Bateen Airport, Al Bateen Complex, Al Khaleej Al Arabi Street, and Al Bateen Wharf. This neighborhood also features a five-star hotel and Al Bateen Palace, one of the residences of the ruler of Abu Dhabi.
The beauty of this district is highly regarded by investors, although it does have a major drawback. Public transportation does not provide direct services to this area, stopping instead at a location ten minutes away. However, the neighborhood boasts prestigious infrastructure with numerous restaurants, parks, recreational centers, sports and spa facilities, children’s gardens, schools, and a medical center.
The economic strength of Abu Dhabi’s most exclusive neighborhood
Al Bateen is considered one of the most sought-after residential areas by investors, millionaires, and families in Abu Dhabi due to its wide range of options and communal spaces, making it one of the strongest in terms of community spirit. Not only is real estate the most profitable business here, but its tourist attractions make it an appealing location for this sector of the economy. Al Bateen features points of interest such as Al Bateen Palace and the Abu Dhabi National Exhibition Centre.
Commercial properties are also important in this district, with strong demand in this category. Renting an office can be a profitable investment, generating 24,000 dirhams ($6,600) to 993,000 dirhams ($25,300) per year. In terms of residential real estate, profitability depends on the size and type of property.
Investment opportunities in Abu Dhabi
Abu Dhabi has also embraced the trend of off-plan properties, making this an excellent investment opportunity for entrepreneurs in the city. This type of business involves acquiring a property before it is completed, offering payment facilities and an initial price lower than that of already completed constructions. Several regions in Abu Dhabi offer this option, and some neighborhoods have started to become popular among millionaires looking to invest in such programs.
Beyond Al Bateen, there are other equally popular areas where interested investors can find off-plan projects. The most famous include Al Reef, Yas Island, Al Reem Island, Saadiyat Island, Masdar City, Khalifa City, and Al Raha Beach. All of these regions have their own charm, just as they offer luxury residences, townhouses at lower prices, and apartments tailored to the needs of the whole family.
“`
