Why to invest in Abu Dhabi?

Expectations are that as private investment from developers into Abu Dhabi increases, a competitive market will emerge for investors, both individual and institutional. Buy-to-let yields are likely to be attractive, given that the current demand for units to rent in the capital far outweighs the available supply. Combine the positive forecasts for Abu Dhabi's economy and the extensive plans for tourism with the current tax-free investment environment and the fact that Abu Dhabi already has a legal structure in place for the ownership of property, and the future looks very bright indeed.
Residents who have long been paying ‘dead money' in high rents will look forward to being able to invest into their own homes and seeing capital growth. The prospect of having ownership of the place you call home, without having to worry about tenancy contracts, is an attractive one to longer-term residents, many of whom have put their roots down in the emirate.

There are many reasons that make Abu Dhabi an ultimate location to invest:
 

Current and future high demand for rent.

No corporate Tax & Income Tax

No foreign exchange controls

No Trade barriers.

No restrictions on capital repatriation

Strong investor incentives and protection

State- of - the - art telecommunications.

Competitive energy costs

Competitive real estate costs

Competitive import duties ( 4% only with many exemptions)

Abu Dhabi has one of the highest per capita income in the world

10 year GDP average growth of over 8%

Stable currency - pegged to US$ at AED 3.67

Very low inflation

Stable economy with relatively low volatility

Continuous political stability since it's inception in 1971

REEM ISLAND: 

REEM ISLAND (NE of AD island) size: (633 Hectar=6.4Sqkm) approx 96 million sq foot.

·          20 min from AD airport and 15 min from AD Cornish.

·          The Island is facing Abu Dhabi Mall.

·          Connected by 3 proposed bridges.

Three master developers are involved in the realization of Al Reem project:

Tamouh investments, who owns 60% of the al Reem island development project.

Sorouh, a PJSC established in 2005, is developing almost 20% of the island project. Souroh project is called SHAMS (SUN) ABU DHABI.

Al Reem investments, also developing the remaining 20% of the project. Reem investments project is called NAJMAT (STAR) ABU DHABI.

Where in Abu Dhabi is Al Reem island project:?

Al Reem is a natural island located 500 meters away from Abu Dhabi Mall. It is connected to the capital city by 3 sophisticated bridges, over the serene blue waters of the Persian Gulf. It is only 20 minutes away from Abu Dhabi international airport and is connected to Dubai through the main Abu Dhabi - Dubai highway...

Is ownership restricted to UAE nationals and are there any conditions applied to ownership?

Both UAE nationals and foreign expatriates can invest and own property on the island. There are no special conditions applied for ownership and the investment procedures are simple and buyer - friendly.

How many people are expected to reside on the island?

The island is expected to accommodate more than 280.000 residents upon completion.

What community facilities will there be on the island?

Some of the important facilities available are schools, medical clinics, shopping mall, restaurant, a 27 - hole golf course, hotels, resorts, spas, gardens and beaches.

Al Reem Island attracts AED 25.55 billion within 3 months

The Al Reem Island project has attracted more than Dh25.55 billion in investments, these investments exclude the construction of towers and bridges, real estate services, management services, power plant contracts and various other infrastructural services. These substantial figures indicate the significance of the island on the architectural map of Abu Dhabi.

Al Reem Island will be one of the largest and most impressive tourist developments in the world. The development will be one of the city's hallmarks and a main tourist attraction. The island will house hotels, restaurants, gardens, museums, an aquarium, and amusement parks for children and a diverse wildlife reserve

Al Reem Island stated that aspects of the emirate's prudent and visionary legislative system, such as the freehold law, which allows people of all nationalities to own property, have contributed to the unprecedented demand from foreign investors for commercial and residential units