Heads of companies and experts in the real estate market in Abu Dhabi confirmed that the first half of this year witnessed the launch of qualitative real estate projects in the emirate, which contributed to the significant growth and expansion of the sector and attracted more investors and foreigners for the purpose of buying, owning and investing.
They stated that the real estate sector in Abu Dhabi still maintains its investment attractiveness and achieves lucrative returns, supported by factors of security, stability and advanced infrastructure, which has made Abu Dhabi one of the world’s leading cities for the purpose of residence, living and investment.
The company heads pointed out that the continuous demand for purchasing and owning real estate has encouraged development companies to launch quality real estate projects in various areas of the emirate, most notably in Al Hudayriat Island, Al Reem Island, Yas Island, and other areas that are receiving demand and interest from investors.
They pointed out that the real estate projects have recorded great demand and success in sales since their launch, as many companies were able to sell all of their project units in record time.
Dr. Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investment Company, explained that the first half of this year witnessed the launch of new, qualitative and distinctive real estate projects in the Emirate of Abu Dhabi, making it a destination for foreign investors regionally and globally.
Al Muhairbi stated that real estate development companies operating in Abu Dhabi have succeeded in marketing and selling these projects in a short period of time due to many factors, the most important of which are the high demand for these projects, investors’ confidence in Abu Dhabi’s strong economy, its more advanced infrastructure, in addition to the factors of security and stability.
He pointed out that the Al Hudayriat Project (Al Nawaif and Al Naseem) has witnessed great interest from citizens, residents and foreign investors, as it is located on Al Hudayriat Island, which has the most beautiful beaches in the Arabian Gulf and the world, with the introduction of residential units and villas that suit investors and those seeking a luxurious life and living in the vibrant and active Emirate of Abu Dhabi.
Al Muhairbi said: “The Al Hudayriat project will be a qualitative addition to the real estate projects launched in Abu Dhabi. It has recorded interest and demand from various investors, both inside and outside the country. It enjoys an important strategic location and a distinctive view of the Arabian Gulf and its beautiful beaches, in addition to the implementation of the project’s units and villas according to the highest specifications and standards, and with high quality.”
Al Muhairbi added: “Aldar Properties’ recently launched projects have witnessed great interest from investors, and the company has achieved positive results during the first half, represented by its large profits that will benefit shareholders and support the company’s work in launching more quality projects in Abu Dhabi.”
He continued by saying: “The Ramhan project is considered one of the most important residential projects in Abu Dhabi, as it was recently unveiled, and is considered the “Maldives of the Gulf” as it is distinguished by its location and residential units that meet the demands of investors, and enjoy high-quality facilities.”
Al Muhairbi stated that Radiant Real Estate Company was keen to launch a unique and distinguished residential project on Al Reem Island, which achieved high demand, which bodes well for an important and great future for this company, which is preparing to continue its approach of launching more unique projects in Abu Dhabi and the country in the future.