Investment Zones Abu Dhabi

The abu dhabi investment office adio is the government hub in the emirate of abu dhabi that is responsible for attracting and facilitating foreign and domestic investment into abu dhabi. Bayut s latest q3 2019 market report shows that the abu dhabi real estate market offers healthy conditions for home buyers investors after the opening of key investments zones for freehold expat.

10 Most Popular Freehold Areas In Abu Dhabi Mybayut

The city is located on an island whereas whole emirate consists of more than 200 islands.

Investment zones abu dhabi. Sowwah island s investment zone status enables uae and gcc nationals to purchase freehold land on the island and for other international investors to obtain long term musataha rights over. It has become a place of preference for many nationalities to invest in their home of choice. The free zone set up policy at abu dhabi has attracted both local and international business investment.

Abu dhabi is the capital emirate of uae with largest land area. Tariq bin hendi is an emirati american london trained economist who hopes to expand abu dhabi s economy as the director general and ceo of the abu dhabi investment office. Property value is lower than in the major property markets globally.

The abu dhabi government s move to change a real estate rule to allow expats to own freehold property in designated zones is a step in the right direction to put the capital s property market on the global map and a boon for private developers and investors alike market analysts and property developers say. 19 of 2005 regulating the ownership of real estate properties. Thus mybayut is bringing the most popular freehold areas in abu dhabi to invest in property.

The abu dhabi government issued an amendment in april 2019 that now allows non uae nationals expats and foreigners of all nationalities to buy freehold property in abu dhabi s special investment zones. Multiple investment opportunities in abu dhabi range from fin tech to ecotourism. Abu dhabi has a total of 5 free zones that cover multiple industries and sectors.

Radiant offers you the best company formation plan to avail maximum benefit in abu dhabi with a broad overview of the financial policy and office space provision. Sowwah island is the core of abu dhabi s new central business district as designated by the urban planning council in its visionary plan abu dhabi 2030. Diversified investment zones that offer environment for logistics industry media finance and sustainable energy allow 100 profit repatriation.

It supports the growth and diversification of abu dhabi s private sector in line with the abu dhabi economic vision 2030. Law allows foreigners to own real estate properties in abu dhabi s investment zones may 1 2019 on april 17 2019 sheikh khalifa bin zayed al nahyan the governor of abu dhabi and the president of the united arab emirates uae issued a new unnumbered law that amends law no.

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