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Travel Directory / Middle East / Abu Dhabi / Real Estate & Property

Abu Dhabi Real Estate

Abu Dhabi is one of the richest cities in the eastern region of the world. More than that, it is also considered as one of the wealthiest places around the globe. Its wealth surpasses that of its fellow oil abounding countries such as Saudi Arabia and Qatar. Apart from that, it also displaces the well-known major countries worldwide such as the United States, the United Kingdom, and Russia, in terms of wealth and income. With its popularity as a rich country, it is quite natural that the set of its real estate and properties are deemed as one of the most productive and promising investments one can make, both by locals and foreign investors.

Abu Dhabi is an important factor in the total development of the United Arab Emirates. In terms of territorial grounds, it is the largest city in the United Arab Emirates, and so far, it also proves to be the most productive. Apart from that, investors see Abu Dhabi as a promising venue for investment due to its beneficial location. To its southern boundary lies the Rub-Al Khali desert of Saudi Arabia, known for the prospect of having stored oil. In its eastern region is Oman, and, to its north is two bodies of water- the Persian Gulf and the Gulf of Oman. As such, the city proves to be yielding both land and water resources - the land privileges equating to the rich oil depots, and the water resources being the port areas where trade is a prime event.

In the whole of the United Arab Emirates, Abu Dhabi is a good area for both local and foreign investments. To help investors decide on areas where they are supposed to invest, the government of United Arab Emirates has made preliminary steps in assisting prospective businesses and thus, encouraging foreign investment in the country. The first of these steps is the establishment of three industrial zones all over the country. Aside from an industrial zone in Al Ain and a gas and oil refinery in Ruwais, an industrial zone has been established in Musahaf, Abu Dhabi.

The fourteen kilometer industrial area that is being established in Musafah proves to be in one of the most advantageous and strategically placed industrial region in the whole eastern region. It is only thirty kilometers from the busy Abu Dhabi International Airport, and forty kilometers from the Zayed Port. Aside from that, it is mostly surrounded by big time industrial facilities in the United Arab Emirates- such as the Al Taweelah power Plant and the Sewwage Tretmant plant. Musafah is also just a few kilometers away from the Abu Dhabi downtown where the bulk of city business properties are centered.

Basically, the real estate and property in Musafah will be converted into residential areas for the prospect workers in the industrial zone. Furthermore, service areas will be established, along with the possible prospects for special tourist attractions. For both local and foreign investors, it is best to put up businesses in the manufacturing area of the zone. As such, investment in Musahaf, Abu Dhabi should be comprised of turning real estate property into factories and shops manufacturing auto and machinery spare parts, textile, cement, building material and construction supplies, and other high technology gadgets. Apart from that, industrial plants for food and beverage, timber and wood materials and furniture, and chemicals and plastic industrial sectors are also good investments.

With these and more, economists predict that Abu Dhabi will continue to enjoy to have the prestige of not just being the wealthiest city worldwide, but as the most promising venue for investment and property holdings as well.

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