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Read Part 4 for the beginning

Chapter 5. Al Raha Beach: Beachfront Bliss.

Al Raha Beach is a beachfront bliss that offers a range of residential, retail, and hospitality developments. It is located along the Abu Dhabi-Dubai highway and has easy access to the airport and the city center. Real Estate Group offers investors a chance to own an apartment in a serene and scenic location, with high demand from leisure seekers, travelers, and expatriates.

• Flipping: Al Raha Beach apartments are desirable for their views, design, and location. Flipping an apartment after adding some beach-inspired touches and luxury features can attract buyers who are willing to pay a premium price for a relaxing and refined home.
• Long-term renting: Al Raha Beach apartments can command a high rental price from tenants who value the beachfront and leisure offerings of the area. The average rental price for a one-bedroom apartment in Al Raha Beach is AED 80,000 ($21,798) per year, which translates to a gross rental yield of 6.4% for an average sale price of AED 1.25 million ($340,599).
• Buying off-plan: Al Raha Beach has a few upcoming residential projects, such as Al Raha Lofts, Al Zeina, and Al Hadeel, that offer attractive prices and payment plans for off-plan buyers. Buying an apartment off-plan can allow investors to secure a lower entry price and benefit from the capital appreciation upon completion.
• Renting off-plan: Al Raha Beach’s off-plan projects are expected to be completed by 2024 or 2025, which means that investors can rent out their apartments as soon as they receive the handover. Renting an off-plan apartment can provide a higher rental yield than a ready-made apartment, as the rental price is likely to increase with the demand and supply in the market.

1. Real Estate. Al Raha Beach is a mixed-use waterfront city that consists of eleven sub-communities, each offering a range of residential, retail, and commercial units. The area offers a variety of housing options, from waterfront apartments to golf villas, with modern and spacious layouts, and stunning views of the sea and the city. The area also offers a range of lifestyle amenities, such as pools, gyms, parks, and playgrounds. 

The advantages of living in this neighborhood for different groups are:

Couples: Al Raha Beach is a convenient and affordable destination, where couples can enjoy the proximity to the city center and the airport, as well as the access to the public transportation and the highways. The area also has many options for dining, shopping, and entertainment, such as the Boutik Mall, the Reem Central Park, and the Paris-Sorbonne University Abu Dhabi.

Families with children: Al Raha Beach is a family-friendly and safe community, where families can find comfortable and suitable homes with parking spaces, security and pools. The area also has many facilities and activities for children, such as the Repton School Abu Dhabi, the Bright Beginnings Nursery, the Reem Central Park, and the Boutik Mall.

Young professionals: Al Raha Beach is a dynamic and diverse city center, where young professionals can find opportunities for career growth, networking, and learning. The area is home to some of the leading companies and institutions, such as the Abu Dhabi Global Market, the Abu Dhabi Securities Exchange, and the Paris-Sorbonne University Abu Dhabi. Young professionals can also enjoy the nightlife, the events, and the sports facilities of the area.

Retirees: Al Raha Beach is a serene and scenic setting, where retirees can enjoy a peaceful and luxurious lifestyle. The area has a waterfront pedestrian promenade that offers 360° views of the island and the city. Retirees can also indulge in the cultural and leisure offerings of the area, such as the Reem Central Park, the Boutik Mall, and the Paris-Sorbonne University Abu Dhabi.

2. Population. Al Raha Beach is a relatively new and developing area, so the exact population data is not available. However, according to the official website of the area, Al Raha Beach is expected to accommodate over 200,000 residents and 100,000 professionals by 2030.

3. Business life. Al Raha Beach is a growing business hub, with a focus on finance, education, and technology. The area hosts the Abu Dhabi Global Market, which is the leading international financial center in the Middle East, Africa, and South Asia region, which offers a range of financial services and products to local and international investors. The area also hosts the Abu Dhabi Securities Exchange, which is the second-largest stock exchange in the UAE, which provides a platform for trading, listing, and clearing securities. The area also hosts the Paris-Sorbonne University Abu Dhabi, which is a branch of the French-based Sorbonne University, which offers a range of academic programs, research opportunities, and cultural activities. The area also has several business towers, such as the Addax Tower, the Sky Tower, and the Sun Tower, which offer premium office spaces and facilities for various sectors and industries.

4. Infrastructure and transportation. Al Raha Beach is a well-connected and accessible area, with easy access to major highways and public transportation. The area is connected to the main island of Abu Dhabi by bridges, and has easy access to the airport and the city center. The area has a bus station, a ferry terminal, and a water taxi service that provide convenient and affordable transportation options for residents and visitors. The area also has ample parking spaces, bicycle lanes, and pedestrian walkways that facilitate mobility and sustainability.

5. Cultural life: attractions, museum, exhibitions. Al Raha Beach is a cultural haven that hosts some of the world’s most popular attractions, such as: 

• The Reem Central Park is a green oasis that offers a range of facilities and activities, such as a lake, a skate park, a playground, and a mosque. 
• The Boutik Mall is a community mall that offers a range of shopping, dining, and entertainment options, such as Waitrose, Virgin Megastore, Sephora, and Novo Cinemas. 
• The Paris-Sorbonne University Abu Dhabi is a cultural and educational center that hosts exhibitions, performances, and workshops. Al Raha Beach also hosts many events and shows throughout the year at the Reem Central Park, the Boutik Mall, and the Paris-Sorbonne University Abu Dhabi. 

Some of the interesting events and shows that took place in Al Raha Beach area in 2022 and 2023 are:

• Reem Festival: Al Raha Beach celebrated the winter season with a festival that featured live music, food trucks, fireworks, and a giant snowman.
• Reem Ramadan: Al Raha Beach celebrated the holy month of Ramadan with a festival that featured cultural activities, charity initiatives, and a traditional souk.
• Reem Eid: Al Raha Beach celebrated the Eid al-Fitr and Eid al-Adha with a festival that featured entertainment, games, and gifts.

6. Entertainment venues. Al Raha Beach is the entertainment hub of Abu Dhabi, with attractions such as the Reem Central Park, the Boutik Mall, and the Paris-Sorbonne University Abu Dhabi. The Reem Central Park is a green oasis that offers a range of facilities and activities, such as a lake, a skate park, a playground, and a mosque. The Boutik Mall is a community mall that offers a range of shopping, dining, and entertainment options, such as Waitrose, Virgin Megastore, Sephora, and Novo Cinemas. The Paris-Sorbonne University Abu Dhabi is a cultural and educational center that hosts exhibitions, performances, and workshops. Al Raha Beach also has several hotels and resorts, such as the Al Raha Beach Hotel, the Al Raha Gardens Hotel, and the Al Raha Lofts Hotel, that offer luxurious accommodation, spa, and fitness facilities, as well as bars, lounges, and clubs, such as McGettigan’s, Black Pearl, and Mood.

7. Universities. Al Raha Beach is home to one of the leading universities in Abu Dhabi, the Paris-Sorbonne University Abu Dhabi, which is a branch of the French-based Sorbonne University. The university offers a range of academic programs, research opportunities, and cultural activities for students and faculty. The university also includes the Sorbonne Abu Dhabi Art Gallery and the Sorbonne Abu Dhabi Auditorium, which host exhibitions, performances, and workshops.

8. Schools. Al Raha Beach has one of the best schools in Abu Dhabi, the Raha International School, which is a branch of the UAE-based Taaleem. The school offers a high-quality education, following the International Baccalaureate curriculum, for students from nursery to secondary levels. The school also offers a range of extracurricular activities, such as sports, arts, and music.

9. Kindergartens. Al Raha Beach has one of the best kindergartens in Abu Dhabi, the Redwood Montessori Nursery, which is a branch of the UAE-based Kids First Group. The kindergarten offers a nurturing and stimulating environment, following the Montessori approach, for children from 6 months to 4 years old.

10. Stores. Al Raha Beach has a variety of stores that cater to the needs and preferences of the residents and visitors. The Boutik Mall, the community mall, has a range of stores, such as Waitrose, Virgin Megastore, Sephora, Bath and Body Works, and Apple, that offer groceries, electronics, cosmetics, and accessories. The Boutik Mall also has a department store, House of Fraser, that offers fashion, home, and beauty products. Al Raha Beach also has a pharmacy, Aster Pharmacy, that offers medicines, supplements, and health products.

11. Restaurants and cafes. Al Raha Beach has a plethora of restaurants and cafes that offer a variety of cuisines and experiences. The Boutik Mall, the community mall, has over 40 dining outlets, ranging from fine dining restaurants, such as La Brioche, Nando’s, and Shakespeare and Co., that offer French, Portuguese, and English cuisines, respectively, to casual cafes, such as Starbucks, Tim Hortons, and Paul, that offer coffee, snacks, and pastries. The Boutik Mall also has a food court, Foodshed, that offers a range of fast food and international options, such as McDonald’s, KFC, Pizza Hut, Subway, and Man’oushe Street. Al Raha Beach also has several hotels and resorts, such as the Al Raha Beach Hotel, the Al Raha Gardens Hotel, and the Al Raha Lofts Hotel, that offer luxurious accommodation, spa, and fitness facilities, as well as bars, lounges, and clubs, such as McGettigan’s, Black Pearl, and Mood.

12. Hospitals and clinics. Al Raha Beach has one of the best hospitals and clinics in Abu Dhabi, the Burjeel Medical Centre, which is a branch of the UAE-based Burjeel Hospital. The center offers a range of medical services and specialties, such as dermatology, dentistry, ophthalmology, and orthopedics. The center also has a pharmacy, a laboratory, and a radiology department. The center also offers telemedicine and home care services for patients who prefer to receive care remotely or at home.

Al Raha Beach: This is a mixed-use waterfront city that offers a range of residential, retail, and commercial units. The average price per square foot for apartments in Al Raha Beach increased by 2.95% from 2022 to 2023, reaching AED 1,100 ($300). The projected price growth for the next five years is 2% annually, which means that by 2028, the average price per square foot will be AED 1,230 ($335). An example of an apartment complex in this area is the Al Hadeel, which offers studios, one-bedroom, and two-bedroom apartments, with sizes ranging from 600 to 1,600 sq. ft., and prices starting from AED 800,000 ($217,984).

Don't miss the opportunity to invest in real estate in Al Raha Beach, a mixed-use coastal city featuring residential, retail and commercial properties and become part of Abu Dhabi's future. Leave a request to Real Estate Group today on WhatsApp and let us help you find your dream property in Al Raha Beach.

Chapter 6. Taxes, mandatory fees, other costs and risks when buying real estate in Abu Dhabi.

Real Estate Group has compiled a brief overview of the taxes, mandatory fees, duties and other charges that an investor will have to pay in 2024 based on the four strategies listed, as well as the risks of buying real estate in Abu Dhabi:

Taxes: There are no income taxes or capital gains taxes in Abu Dhabi for individuals or corporations, which makes it an attractive destination for investors. However, there are some indirect taxes that apply to certain transactions, such as value-added tax (VAT) and excise tax. VAT is a 5% tax that is levied on the supply of most goods and services in the UAE, including real estate. Excise tax is a tax that is levied on specific goods that are considered harmful to health or the environment, such as tobacco, energy drinks, and carbonated drinks. These taxes are usually paid by the suppliers or producers, but they may be passed on to the consumers or end-users in the form of higher prices.

Compulsory fees: There are some compulsory fees that investors need to pay when buying or selling real estate in Abu Dhabi, such as: 

• Registration fees are fees that are paid to the Abu Dhabi Municipality to register the ownership of the property and obtain the title deed. The registration fee is 2% of the purchase price for both the buyer and the seller, unless otherwise agreed by the parties. 
• Agency fees are fees that are paid to the real estate agency that facilitates the transaction. The agency fee is usually 2% of the purchase price for both the buyer and the seller, unless otherwise agreed by the parties. 
• Mortgage fees are fees that are paid to the bank or the lender that provides the financing for the purchase. The mortgage fee is usually 1% of the loan amount, subject to a minimum and a maximum amount, depending on the bank or the lender.

Levies and surcharges: There are some levies and surcharges that investors need to pay when owning or renting real estate in Abu Dhabi, such as: 

• Service charges are charges that are paid to the developer or the owner’s association to cover the costs of providing and maintaining the common facilities and services in the development, such as security, landscaping, cleaning, and utilities. 
• The service charge is usually calculated based on the size of the property and the type of the development, and it may vary from year to year. Maintenance charges are charges that are paid to the developer or the owner’s association to cover the costs of repairing and replacing the common assets and equipment in the development, such as elevators, generators, and fire systems. The maintenance charge is usually calculated based on the size of the property and the type of the development, and it may vary from year to year. 
• Municipality fees are fees that are paid to the Abu Dhabi Municipality to cover the costs of providing and maintaining the public services and infrastructure in the city, such as roads, bridges, parks, and street lighting. The municipality fee is usually 5% of the annual rent for tenants, and 3% of the annual rent for owners, based on the rental index of the property.

Based on the four strategies listed, the taxes, compulsory fees, levies and surcharges that an investor will need to pay in 2024 are as follows:

1. Flipping: An investor who buys a ready-made apartment, carries out in it modern repair, improvement, individual design, furniture, kitchen and household appliances, lighting, decor and resells it within a short period of time will need to pay the following:

• VAT: 5% of the purchase price and the resale price, unless the property is exempt or zero-rated. For example, if the purchase price is AED 1 million ($272,479) and the resale price is AED 1.2 million ($326,975), the investor will need to pay AED 50,000 ($13,624) as VAT when buying the property and AED 60,000 ($16,349) as VAT when selling the property, unless the property is exempt or zero-rated.
• Registration fee: 2% of the purchase price and the resale price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479) and the resale price is AED 1.2 million ($326,975), the investor will need to pay AED 20,000 ($5,450) as registration fee when buying the property and AED 24,000 ($6,539) as registration fee when selling the property, unless otherwise agreed by the parties.
• Agency fee: 2% of the purchase price and the resale price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479) and the resale price is AED 1.2 million ($326,975), the investor will need to pay AED 20,000 ($5,450) as agency fee when buying the property and AED 24,000 ($6,539) as agency fee when selling the property, unless otherwise agreed by the parties.
• Service charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as service charge for the period of ownership. For example, if the service charge is AED 10 ($2,72) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 10,000 ($2,725) as service charge for the year of ownership.
• Maintenance charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as maintenance charge for the period of ownership. For example, if the maintenance charge is AED 5 ($1,36) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 5,000 ($1,362) as maintenance charge for the year of ownership.
• Municipality fee: 3% of the annual rent, based on the rental index of the property. For example, if the annual rent of the property is AED 100,000 ($27,248), based on the rental index, the investor will need to pay AED 3,000 ($817) as municipality fee for the year of ownership.

2. Buying and renting: An investor who buys a ready-made apartment, carries out in it modern repair, improvement, individual design, furniture, kitchen and household appliances, lighting, decor and rents it for long-term rent for 1 year or more will need to pay the following:

• VAT: 5% of the purchase price, unless the property is exempt or zero-rated. For example, if the purchase price is AED 1 million ($272,479), the investor will need to pay AED 50,000 ($13,624) as VAT when buying the property, unless the property is exempt or zero-rated. The rent received from the tenant will be exempt from VAT, unless the property is used for commercial purposes.
• Registration fee: 2% of the purchase price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479), the investor will need to pay AED 20,000 ($5,450) as registration fee when buying the property, unless otherwise agreed by the parties.
• Agency fee: 2% of the purchase price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479), the investor will need to pay AED 20,000 ($5,450) as agency fee when buying the property, unless otherwise agreed by the parties. The investor may also need to pay a commission to the agent who finds the tenant, which is usually 5% of the annual rent. For example, if the annual rent is AED 100,000 ($27,248), the investor may need to pay AED 5,000 ($1,362) as commission to the agent who finds the tenant.
• Mortgage fee: If the investor takes a mortgage to finance the purchase, the investor will need to pay a mortgage fee to the bank or the lender, which is usually 1% of the loan amount, subject to a minimum and a maximum amount, depending on the bank or the lender. For example, if the loan amount is AED 800,000 ($217,983), the investor will need to pay AED 8,000 ($2,180) as mortgage fee to the bank or the lender, subject to a minimum and a maximum amount.
• Service charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as service charge for the period of ownership. For example, if the service charge is AED 10 ($2,72) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 10,000 ($2,725) as service charge for the year of ownership.
• Maintenance charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as maintenance charge for the period of ownership. For example, if the maintenance charge is AED 5 ($1,36) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 5,000 ($1,362) as maintenance charge for the year of ownership.
• Municipality fee: 3% of the annual rent, based on the rental index of the property. For example, if the annual rent of the property is AED 100,000 ($27,248), based on the rental index, the investor will need to pay AED 3,000 ($817) as municipality fee for the year of ownership.

3. Buying off-plan and reselling: An investor who buys an apartment in a residential complex under construction and resells it for a quick profit will need to pay the following:

• VAT: 5% of the purchase price and the resale price, unless the property is exempt or zero-rated. For example, if the purchase price is AED 1 million ($272,479) and the resale price is AED 1.2 million ($326,975), the investor will need to pay AED 50,000 ($13 624) as VAT when buying the property and AED 60,000 ($16,349) as VAT when selling the property, unless the property is exempt or zero-rated.
• Registration fee: 2% of the purchase price and the resale price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479) and the resale price is AED 1.2 million ($326,975), the investor will need to pay AED 20,000 ($5,450) as registration fee when buying the property and AED 24,000 ($6,539) as registration fee when selling the property, unless otherwise agreed by the parties.
• Agency fee: 2% of the purchase price and the resale price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479) and the resale price is AED 1.2 million ($326,975), the investor will need to pay AED 20,000 ($5,450) as agency fee when buying the property and AED 24,000 ($6,539) as agency fee when selling the property, unless otherwise agreed by the parties.
• Mortgage fee: If the investor takes a mortgage to finance the purchase, the investor will need to pay a mortgage fee to the bank or the lender, which is usually 1% of the loan amount, subject to a minimum and a maximum amount, depending on the bank or the lender. For example, if the loan amount is AED 800,000 ($217,983), the investor will need to pay AED 8,000 ($2,180) as mortgage fee to the bank or the lender, subject to a minimum and a maximum amount.
• Service charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as service charge for the period of ownership. For example, if the service charge is AED 10 ($2,72) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 10,000 ($2,725) as service charge for the year of ownership.
• Maintenance charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as maintenance charge for the period of ownership. For example, if the maintenance charge is AED 5 ($1,36) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 5,000 ($1,362) as maintenance charge for the year of ownership.
• Municipality fee: 3% of the annual rent, based on the rental index of the property. For example, if the annual rent of the property is AED 100,000 ($27,248), based on the rental index, the investor will need to pay AED 3,000 ($817) as municipality fee for the year of ownership.

4. Buying off-plan and renting: An investor who buys an apartment in a residential complex under construction and rents it for long-term rent for 1 year or more will need to pay the following:

• VAT: 5% of the purchase price, unless the property is exempt or zero-rated. For example, if the purchase price is AED 1 million ($272,479), the investor will need to pay AED 50,000 ($13 624) as VAT when buying the property, unless the property is exempt or zero-rated. The rent received from the tenant will be exempt from VAT, unless the property is used for commercial purposes.
• Registration fee: 2% of the purchase price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479), the investor will need to pay AED 20,000  ($5,450) as registration fee when buying the property, unless otherwise agreed by the parties.
• Agency fee: 2% of the purchase price, unless otherwise agreed by the parties. For example, if the purchase price is AED 1 million ($272,479), the investor will need to pay AED 20,000 ($5,450) as agency fee when buying the property, unless otherwise agreed by the parties. The investor may also need to pay a commission to the agent who finds the tenant, which is usually 5% of the annual rent. For example, if the annual rent is AED 100,000 ($27,248), the investor may need to pay AED 5,000 ($1,362) as commission to the agent who finds the tenant.
• Mortgage fee: If the investor takes a mortgage to finance the purchase, the investor will need to pay a mortgage fee to the bank or the lender, which is usually 1% of the loan amount, subject to a minimum and a maximum amount, depending on the bank or the lender. For example, if the loan amount is AED 800,000 ($217,983), the investor will need to pay AED 8,000 ($2,180)as mortgage fee to the bank or the lender, subject to a minimum and a maximum amount.
• Service charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as service charge for the period of ownership. For example, if the service charge is AED 10  ($2,72) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 10,000 ($2,725) as service charge for the year of ownership.
• Maintenance charge: Depending on the size of the property and the type of the development, the investor will need to pay a certain amount as maintenance charge for the period of ownership. For example, if the maintenance charge is AED 5 ($1,36) per sq. ft. and the property is 1,000 sq. ft., the investor will need to pay AED 5,000 ($1,362) as maintenance charge for the year of ownership.
• Municipality fee: 3% of the annual rent, based on the rental index of the property. For example, if the annual rent of the property is AED 100,000 ($27,248), based on the rental index, the investor will need to pay AED 3,000 ($817) as municipality fee for the year of ownership.

The risks of buying real estate in Abu Dhabi are as follows:

• Market fluctuations: The real estate market in Abu Dhabi is influenced by various factors, such as supply and demand, economic conditions, government policies, and consumer preferences. These factors may cause the prices and rents of the properties to rise or fall, depending on the market conditions. Therefore, investors may face the risk of losing money if the market declines or stagnates, or if they cannot sell or rent their properties at the desired price or time.
• Legal issues: The real estate laws and regulations in Abu Dhabi are constantly evolving and changing, which may affect the rights and obligations of the investors, developers, and tenants. Therefore, investors may face the risk of legal disputes, fines, penalties, or delays, if they do not comply with the laws and regulations, or if they encounter any contractual or procedural issues with the parties involved in the transaction.
• Construction delays: The construction of the properties in Abu Dhabi may be subject to various factors, such as weather, labor, materials, permits, and inspections. These factors may cause the construction to be delayed or halted, which may affect the delivery and handover of the properties. Therefore, investors may face the risk of losing money if the construction is delayed or cancelled, or if they do not receive the properties as per the agreed specifications and quality.
• Maintenance costs: The maintenance of the properties in Abu Dhabi may require regular and periodic expenses, such as service charges, maintenance charges, utility bills, and repairs. These expenses may vary depending on the size, type, and condition of the properties, as well as the services and facilities provided by the developers or the owners’ associations. Therefore, investors may face the risk of losing money if the maintenance costs are higher than expected, or if they do not receive the services and facilities as per the agreed standards and quality.

Want to Buy Real Estate in Abu Dhabi? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!

Conclusion:

Abu Dhabi is one of the most attractive destinations for real estate investors, as it offers a range of benefits, such as tax-free income, capital appreciation, high rental yields, and quality lifestyle. The city has a diverse and dynamic real estate market, with a variety of options for different types of investors and budgets. 

In this article, Real Estate Group have explored five of the most promising neighborhoods in Abu Dhabi, namely Al Maryah Island, Saadiyat Island, Yas Island, Reem Island, and Al Raha Beach, and discussed their features, advantages, and challenges. Real Estate Group have also compared four different strategies for investing in these areas, namely flipping, buying and renting, buying off-plan and reselling, and buying off-plan and renting, and analyzed their costs, returns, and risks. 

Based on this analysis, Real Estate Group has reached the following conclusions:

• Flipping is a high-risk, high-reward strategy that requires a large capital, a short holding period, and a good market timing. It is suitable for investors who have a high risk appetite, a strong cash flow, and a keen eye for design and renovation. Flipping can generate a high profit margin, but it also involves high costs, such as VAT, registration fees, agency fees, service charges, maintenance charges, and municipality fees. Flipping is most profitable in areas that have a high demand and a low supply, such as Al Maryah Island and Saadiyat Island.
• Buying and renting is a low-risk, moderate-reward strategy that requires a moderate capital, a long holding period, and a stable market. It is suitable for investors who have a low risk appetite, a regular income, and a long-term vision. Buying and renting can generate a steady cash flow, but it also involves moderate costs, such as VAT, registration fees, agency fees, mortgage fees, service charges, maintenance charges, and municipality fees. Buying and renting is most profitable in areas that have a high occupancy and a high rental yield, such as Yas Island and Reem Island.
• Buying off-plan and reselling is a moderate-risk, moderate-reward strategy that requires a low capital, a medium holding period, and a good market timing. It is suitable for investors who have a moderate risk appetite, a flexible cash flow, and a speculative mindset. Buying off-plan and reselling can generate a decent capital gain, but it also involves moderate costs, such as VAT, registration fees, agency fees, mortgage fees, service charges, maintenance charges, and municipality fees. Buying off-plan and reselling is most profitable in areas that have a high potential and a low price, such as Reem Island and Al Raha Beach.
• Buying off-plan and renting is a moderate-risk, low-reward strategy that requires a low capital, a long holding period, and a stable market. It is suitable for investors who have a moderate risk appetite, a regular income, and a long-term vision. Buying off-plan and renting can generate a low cash flow, but it also involves low costs, such as VAT, registration fees, agency fees, mortgage fees, service charges, maintenance charges, and municipality fees. Buying off-plan and renting is most profitable in areas that have a high occupancy and a low price, such as Reem Island and Al Raha Beach.

Therefore, Real Estate Group recommend that potential investors to buy apartments in Abu Dhabi in these five neighborhoods in 2024, depending on their goals, preferences, and budgets. Abu Dhabi is a city that offers a lot of opportunities and advantages for real estate investors, and these five neighborhoods are some of the best places to invest in.

If you are interested in buying a studio, apartment, house, villa or commercial property in Abu Dhabi, contact us today on WhatsApp and Real Estate Group will help you find the best property for you.

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