About Quanta January 9, 2023
Abu Dhabi, the capital city of the United Arab Emirates, is a city where luxury property offerings have been on the rise and property values have been increasing for several years. However, it is still possible to find properties for sale in Abu Dhabi under AED 1 million, or approximately USD 270,000. Here are some options for those looking to buy property in Abu Dhabi for under AED 1 million.
Abu Dhabi, the capital city of the United Arab Emirates, is a city where luxury property offerings have been on the rise and property values have been increasing for several years. However, it is still possible to find properties for sale in Abu Dhabi under AED 1 million, or approximately USD 270,000.
Here are some options for those looking to buy property in Abu Dhabi for under AED 1 million:
Al Reem Island is an island located off the coast of Abu Dhabi. The island is home to several upscale residential and commercial developments and is a popular neighborhood amongst expats. Al Reem Island is near major roads and highways, making commuting to other parts of the city convenient. In addition, the island is home to a range of amenities, including restaurants, supermarkets, and parks, further making it an attractive place to live. In addition to its modern infrastructure, Al Reem Island attracts residents who appreciate its natural beauty, with sandy beaches and crystal-clear waters.
There are two developments on Al Reem Island with units under AED 1,000,000:
Al Ghadeer is an urban oasis located on the border of Abu Dhabi and Dubai, making it appealing to those who want to work in Dubai but live in Abu Dhabi. Combining modern infrastructure, sustainable design, and convenient access to major roads – Al Ghadeer offers a mix of residential and commercial properties and amenities such as swimming pools, gyms, and parks.
Al Khaleej Village is located in Al Ghadeer. In this development, buyers can get a spacious studio for AED 400,000 or a comfortable townhouse for AED 850,000. Al Khaleej Village’s achievable price points make it one of the most popular areas for buying affordable apartments in Abu Dhabi.
Al Reef offers families and commuters a desirable combination of convenience and comfort. Located just past Abu Dhabi’s city limits, this sprawling development features a range of residential options, including apartments and villas with amenities such as schools, parks, and swimming pools. It’s close to major roads for easy commuting and is home to many restaurants and supermarkets. Buyers can purchase a 1-bedroom apartment in Al Reef Downtown for AED 590,000.
Rawdat Al Reef is a modern community within the larger Al Reef neighborhood. This vibrant area offers families residential options ranging from apartments to villas; plus schools, parks, and swimming pools nearby. Buyers can purchase a 2-bedroom villa in the Hydra Village development for AED 695,000. Because of its convenience, price point, and spacious homes, Hydra Village has become one of the most popular developments for families with children seeking a suburban lifestyle.
Abu Dhabi offers a wide range of property options for buyers who are looking to purchase a home or investment property. From the upmarket apartments on Al Reem Island to the spacious villas in Rawdat Al Reef, there are plenty of options for buyers under AED 1 million. Whether you’re looking for a beachfront view or a suburban lifestyle, Abu Dhabi has something to offer. With its modern infrastructure and convenient access to amenities, Abu Dhabi is the ideal place to invest in a quality property.