Wealthy investors have become more likely to invest in Abu Dhabi real estate

The Emirate of Abu Dhabi began to attract more foreign investment, taking second place in the UAE after Dubai in this indicator. The resort emirate of Ras Al Khaimah was in third place.

Foreigners most often invest in residential real estate in Abu Dhabi. As a rule, we are talking about luxury villas in the first line by the sea, the prices of which differ favorably from the prices of Dubai. Experts note that investors are also attracted by the stable economy of the emirate, developed infrastructure and famous cultural objects, such as the Louvre Abu Dhabi.

Wealthy investors are willing to invest an average of about AED 10 million ($2.7 million) in local real estate. At the same time, investors from Asia are on average willing to pay more for housing - about AED 18 million ($5 million).

Investors' interest in the Emirate of Ras Al Khaimah has also increased. This is due to the construction of the Wynn Resort complex on the artificial island of Al Marjan (Al Marjan Island). The Wynn Resort complex will have the first casino in the UAE, as well as hotels, restaurants, shops, spas and other infrastructure.