Properties in Abu Dhabi
Situated along the Arabian Gulf, Abu Dhabi is the site of an international airport. Urban development projects have relieved a housing shortage caused by rapid growth since the late 1960s. The main thoroughfare is the 7-kilometer (4-mile) long Corniche, a landscaped, seafront promenade. Abu Dhabi was founded in the 1760s and in 1795 became the seat of rulers of the emirate of Abu Dhabi. The town had only local significance until the discovery of oil reserves in the area in the late 1950s and early 1960s. When oil exports began in 1962, the few low-rise dwellings scattered around the Old Fort gradually gave way to 10 - 11 storey tower blocks, and these were subsequently replaced by even larger towers. One of the many unofficial names Abu Dhabi has acquired is - ‘Manhattan of the Middle East’. The other common name is - ‘Garden City of the Gulf’. In 1971 the city was made the federal capital of the newly formed United Arab Emirates. It is also the capital of the emirate of Abu Dhabi.
Abu Dhabi, the capital of the UAE, is a modern city flanked by architecturally striking skyscrapers. It is the center of government and business life in the UAE, headquarters of the emirates oil operating companies. Abu Dhabi is mainly an oil-driven economy. Abu Dhabi is the largest of the seven Emirates and the Federal capital of the UAE. It constitutes nearly 86.7% of the nation’s total land area including nearly 200 islands.
Abu Dhabi is a modern city with state of the art infrastructure, exquisite shopping complexes, and recently developed tourist attractions. Abu Dhabi like the rest of the Emirates is one of the safest tourist destinations in the world with some of the best tourist facilities. It is a vibrant and fascinating city with an impressive skyline, parks and gardens, luxury hotels, lavish villas and mansions, boulevards and beaches. Today over 120 million trees have been planted in the emirate of Abu Dhabi alone.
Although Abu Dhabi has been slow to join the regional real estate boom, but with new property ownership laws in place since last summer, the emirate has already launched several huge projects, including the $14.7 billion Al Raha Beach and $6.8 billion Shams Abu Dhabi project by Sorouh Real Estate.
Locations in Abu Dhabi