10 Reasons to Buy Properties in Abu Dhabi

1. Tax Free: There is no corporate tax, income tax, foreign exchange control or trade barriers relating to buying property in Abu Dhabi, therefore it is truly welcoming to foreign investors.

2. Stability: Abu Dhabi is effectively a new and emerging market; however, it has been socially, politically and financially stable since its inception and also has the infrastructure in place - things that few other emerging markets can claim. In essence, Abu Dhabi property represents a safe option.

3. Incentives: The emirate is keen to encourage investment in Abu Dhabi real estate and offers strong incentives as well as significant protection.

4. Economy: Abu Dhabi is a wealthy city, which drives up prices of what people are able to afford; this in turn, ensures that Abu Dhabi property resale prices are kept strong. Inflation is very low and the average GDP growth over 10 years has been 8%.

5. Prices: The cost of buying villas and apartments in Abu Dhabi, despite the wealth of the city, still remains very low when compared to other capital cities. Also, energy costs are extremely low, keeping running costs to a minimum.

6. Rentals: Buying Investment property in Abu Dhabi is still a relatively new venture; therefore, there is an acute lack of rental accommodation available at present.

7. Demand: Again, the real estate sector is young and there are only a limited number of property investment areas available, meaning there is a guaranteed capital appreciation for investors who buy now.

8. Location: Abu Dhabi International Airport is extremely well-connected and can be flown to relatively quickly from a huge range of places. This is an important consideration when buying homes for sale in Abu Dhabi.

9. Commute: Another reason for Abu Dhabi's success is that it connects easily with many other cities, such as Dubai and the Jebel Ali freezone. Both individual Abu Dhabi property buyers, as well as multinational corporations are looking at this remarkable emirate as a cheaper option.

10. Attractions: Like elsewhere in the UAE, Abu Dhabi is making a concerted effort to attract more visitors through unique buildings such as the new Guggenheim Museum and the stunning Abu Dhabi Mall. What is more, the Abu Dhabi Grand Prix will be held here from 2009 onwards.

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