As years go by, the UAE real estate sector continues to establish itself as a highly vibrant and dynamic market. More than two years after the COVID19 pandemic and its dramatic impact on the global economy, analysts predict that residential real estate prices in the UAE will continue to rise in 2022 supported by the governmental Economic Support Scheme and a stepped-up vaccination campaign that has sped up the recovery from the coronavirus-caused slowdown.
Abu Dhabi’s real estate market is experiencing significant growth. It is home to uber-luxurious homes and investment properties that benefit from a booming economy. In addition, the city’s world-class infrastructure, prestigious location, and tax-free status make it a prime destination for both local and international investors. However, as with any investment, it is crucial to understand the market’s significant drivers before making a purchase.