Economic Highlights

• Abu Dhabi’s economy accounts for over 60% of the UAE’s GDP
• Holds 95% of UAE oil reserves and 92% of proven gas reserves
• Economic growth at a Compound Annual Growth Rate (CAGR) of 16% over the past ten years
• GDP estimated to reach US$ 159bn by 2010 up from US$ 98bn in 2006
• Emphasis on developing tourism, industrial and real estate sectors to diversify economy
towards private sector orientated growth and away from hydrocarbon revenue dependence
• Growth in value of construction sector activity forecast to slow to US$ 6.5bn in 2007, representing a modest 4.3% increase over 2006, compared against 173% growth between 2005 and 2006

• Real estate price boom driven by a substantial historic undersupply across all of the key real
estate sectors
• Optimism in the real estate sector driven in large part by the property boom in the
neighbouring Emirate of Dubai
• Spending in excess of US$ 200bn over the next five years on infrastructure projects