The new property ownership laws no. 19 issued in 2005 by the Abu Dhabi government have accelerated the planning and launch of several iconic projects throughout the city. The major real estate developments launched in Abu Dhabi are Al Raha Beach Development, Al Raha Gardens, Al Reem Island, Saadiyat Island, Yas Island, Al Gurm Resort, Lulu Island, Al Mamoura and Golf Gardens.

The studies show that Abu Dhabi's population growth has averaged 7.3% annually in the last 4 years. In the coming 6 years, i.e., by 2013, the population of Abu Dhabi will touch 1.3 million and grow to over 3 million people by 2030. This suggests that there will be ever increasing demand for more residential and commercial spaces in the city.

Current demand for residential property across all section of Abu Dhabi’s demographic gamut has exceeded available supply. The rents have surged 22% while property prices have increased 18% in the second half of 2007. According to some estimates, the shortage of houses in the emirate is as high as 50,000 for 2008.

At present, the residential real estate projects worth more than Dh200 billion are under way in Abu Dhabi, UAE. The volume of construction activity in Abu Dhabi is expected to outpace Dubai within 4 years. There will be demand between 225,000 and 250,000 of new housing units in next 10 years. This building boom will allow the population of the city to double within a decade.