Apartments

Flats & Apartments for Sale in Abu Dhabi

Abu Dhabi Video Tour

Flats & Apartments for Sale in Abu Dhabi

Below are the flats and apartments for sale in Abu Dhabi.

What kind of Flat should you buy in Abu Dhabi?

There are many kinds of apartments in Abu Dhabi. From waterfront apartments, golf-front apartments, duplex flats, penthouse apartments, and many more. Our pick for the best kind of apartment to buy would have to be an off-plan apartment. And that’s because of the high return opportunities this kind of investment can offer.

How to purchase an apartment in Abu Dhabi

To buy an apartment in Abu Dhabi follow these steps:

  1. Find the right flat for sale in Abu Dhabi by relying a trusted real estate agency.
  2. Visit the apartment for a viewing to see how you like it in person.
  3. Sign a Memorandum of Understanding (MoU) contract with the landlord and pay your agency 2% of the property's value as an agency fee.
  4. Pay another 2% of the property's value to the Abu Dhabi Municipality (ADM) for the transfer of the property to your name.
  5. Pay a cheque to the seller after which your agent will book a transfer of the property.
  6. Receive an ownership certificate from the developer after you pay an administrative fee. In some cases, a No Objection Certificate (NOC) may be required.

What is the difference between the primary apartment market and the secondary apartment market in Abu Dhabi?

The most important difference between the primary apartment market in Abu Dhabi (or the off-plan apartment market) and the secondary apartment market is that the primary market often offers more affordable prices. This is because units in the primary market are either under construction or are still being planned for.

It’s important to note that the secondary market in Abu Dhabi (or the ready-to-move-in apartments market) is also starting to offer rent-to-own schemes which also offer affordable deals that allow owners to quickly own flats.

The main difference between the primary market and the secondary market is that the former is not ready or being constructed, while the latter consists of ready-to-move-in units or ones that have recently completed construction and are now habitable.

Apartments for sale in Abu Dhabi FAQ

It’s definitely worth it to buy an apartment in Abu Dhabi. Apart from having a holiday home in one of the world’s hottest destinations, this purchase can make you a lot of money as rental yield in Abu Dhabi is high and is one of the reasons international real estate investors have been flocking to Abu Dhabi in recent years.

Apartments in Abu Dhabi offer ROI’s that can go upwards of 9% per year. This is an incredibly competitive ROI rate as compared to popular metropolitan areas across the globe such as London and New York. Furthermore, Abu Dhabi is predicted to continue to have a highly stable political and economic landscape which is highly attractive for investors.

There are many promising off-plan projects being announced this year in Abu Dhabi, a majority of which offer apartments. It’s always the right time to invest in these kinds of projects as they can yield high returns fairly quickly.

Compare listings

Compare