Abu Dhabi Apartments Form an Integral Part of Brilliant Growth Story of U.A.E

Abu Dhabi Apartments Form an Integral Part of Brilliant Growth Story of U.A.E Abu Dhabi apartments form an integral part of the booming economy of the richest of seven Emirates of United Arab Emirates – Abu Dhabi. Recently, Abu Dhabi Council for Economic Development released its 2030 economic vision.

The vision propounds: “By 2030 Abu Dhabi intends to build a sustainable and diversified, high value-added economy that is well integrated into the global economy and that provides more accessible and higher-value opportunities for all its citizens and residents.” On this premise, it is quite obvious that the pearl of the gulf is quite committed to over-all growth of its citizens and residents.

Corollary to any growth story is the real estate realm. And, villas in Abu Dhabi or Abu Dhabi apartments are most preferred properties when it comes to settling down in this region. The Emirate also resolved in its vision that fast growing hotels sector would support vibrant business, culture, leisure and sports segment. This aims to cater to the high end tourists and visitors as well as the national population. Similarly, the real estate industry to is gearing up to cater to not only high-end users but all types of visitors and residents so that they can find a home where the heart really lies.

Abu Dhabi apartments are popular with the tourists because the Emirate has lethal attraction due to is large number of natural islands, beautiful beaches, cultural and heritage assets, appealing weather for most of the year and diverse landscape. Another factor adding to the attraction to Abu Dhabi is its easy accessibility. This t-shirt-sized island is “exceptionally accessible” and that because of this accessibility it is easy for the tourists to find Abu Dhabi apartments and villas in Abu Dhabi. Tourists attractions include world class resorts, hotels, golf courses and well-connectivity to the airport.

Abu Dhabi is already investing strongly in expanding and upgrading its tourism and cultural offering with significant projects such as the Saadiyat Island Cultural District with. This development includes of world renowned museums, cultural and educational institutions. Yet another incentive to buy villas in Abu Dhabi is the overall healthy economy of the Emirate. Its gross domestic product touched $100 billion in 2006, rising 21.7% at current prices over the previous year. Since the year 2002, the average GDP growth remained 25% per year as the years 2004 and 2005 recorded 31% and 38% growth, respectively. Abu Dhabi is among the world's wealthiest countries because its per-capita GDP exceeds $68,000.

Another solid factor that goes in favor of settling down in Abu Dhabi is it gives a kind of political stability to the businesses. Precise reason is its polity is driven by hereditary rather than sheer political interests. Also, its strategic geographical location away from infamous countries like Iraq, Israel and Lebanon, has made it a place worth settled down for. Long-time investors in Abu Dhabi include multinational companies which are headquartered in the US, Germany, Canada, UK, France, Switzerland and Australia, amongst others. All these coupled with zero crime rate, Abu Dhabi apartments/villas in Abu Dhabi are preferred choice for those who want to make Abu Dhbai their home.