Top 5 Best Villa Communities to Invest in Abu Dhabi for 2018
There’s something undeniably alluring about living in a villa that even the swankiest apartments can’t match up to. Its sometimes because of the extra space, sometimes it’s about the privacy and often it’s just about the overall vibe of a villa. The Abu Dhabi real estate market has seen quite a few villa communities develop over the years to cater to the growing needs of the local and expat population in the capital. This week, we at Bayut bring you the best areas to buy villas in Abu Dhabi for those looking to invest in the emirate.
Al Reef
Al Reef has been one of the most consistent areas for real estate investments in the capital, featuring a selection of reasonably priced apartments and villas for sale in Abu Dhabi. It has the advantage of being equidistant from some of the other popular areas in the city, such as Khalifa City A, Saadiyat Island, Yas Island and the main island of Abu Dhabi. From an investment perspective, Al Reef is also an attractive option since it’s still developing and buyers have the option to snap up these houses in Abu Dhabi at a good price before they get more expensive.
The villas in Al Reef have been tastefully designed and grouped into individual villages with their own unique style and architecture. There are 4 villages in total: Contemporary Village, Desert Village, Arabian Village, and Mediterranean Village with a collection of 2-5 bedroom villas. Each home comes with a dedicated parking spot and a small garden, and some lucky owners even have private pools in the backyard. Living in Al Reef is the ideal escape from the bustle of the city. The residential villages come with a children’s play area, parks, community centres, pools and gyms.
The average sale price for a 3-bedroom villa in Al Reef is AED 1.6M, which is what one would pay for a 2-bedroom apartment in Al Reem Island. Considering the space and privacy that a villa affords, this is certainly a good price to buy a villa in Abu Dhabi. The asking price for 4 and 5- bedroom villas is AED 2.15M and AED 2.45M respectively. If you are considering buying a villa here seriously, be sure to check out the pros and cons of living in Al Reef.
Perfect for: Those looking at value for money family-friendly real estate investments in Abu Dhabi.
Saadiyat Island
The culture capital of Abu Dhabi is the next place our users were most interested in when it came to investing in villas. The gorgeous island is surrounded by mangroves and azure blue waters, making it one of the most picturesque places to live in the country. With some of the most upscale waterfront properties in the city, Saadiyat Island is a hotspot for property investments in Abu Dhabi. The beach villas in Saadiyat Island are exclusive properties, the kind that real estate dreams are made of, featuring a slew of high-end amenities with international standards of finishing.
With the addition of the Louvre and upcoming projects including the Guggenheim, Zayed National Museum and the Performing Arts Centre, Saadiyat Island has become one of the most sought-after developments in the country, with high interest from the investor community. Residential projects such as the Jawaher Saadiyat, Hidd Al Saadiyat and Saadiyat Lagoons have added to the appeal of the area, which is good news for those planning to invest in homes in Abu Dhabi.
In terms of price, the villas in Saadiyat Island are on the higher-end, but an exclusive riviera-lifestyle living packed with fine arts and culture is well worth the price tag for those looking at luxury living in the capital. A 3-bedroom villa in Saadiyat Island averages at AED 5.7M, a 4-bedroom house is AED 6.8M and for a larger 5-bedroom property you will set you back a cool AED 9.2M. Before making the move to buy, be sure to update yourself on the pros and cons of life in Saadiyat Island, especially if you plan to live in the home yourself.
Perfect for: Those with an appreciation for art, waterfront homes and the finer things in life
Yas Island
Following closely behind is yet another island community in Abu Dhabi, Yas Island. The pride and joy of master developer Aldar, Yas Island has several upcoming villa developments, perfect for those looking to invest in Abu Dhabi properties. The villas in West Yas and Yas Acres are the ones that appear to garner the highest amount of interest, thanks to their beautifully designed properties.
There are many perks to living in THE lifestyle destination of the city; restaurants and cafes are aplenty, the largest shopping mall in the emirate is a short distance away and weekends are never boring because of the themed parks spread around the development. Most of the tourist attractions and things to do in Abu Dhabi are located in Yas Island, leading to its long-term popularity in the investment circles in the country.
The average price for a 3-bedroom villa in Yas Island is AED 3.26M, which is considerably lower than those in Saadiyat Island. The prices for 4 and 5-bedroom villas are AED 4.34M and AED 4.89M respectively.
Perfect for: Those looking for high returns on investment and an area buzzing with activity.
Mohammed Bin Zayed City
One of the quieter neighbourhoods in Abu Dhabi, this family-friendly area is racking up brownie points with real estate investors because of its proximity to Dubai. The area, named in honour of the founding father of UAE, Sheikh Mohammed Bin Zayed Al Nahyan, is still being developed and once completed, it will feature a choice of luxury properties with abundant recreational spaces, parks and other facilities.
With the announcement of an upcoming mall and several other off-plan projects, interest in the area is high among those looking to buy villas in Abu Dhabi. When it comes to cost, the villas in MBZ city are ideal for those looking for high-value returns on their lifelong savings. The average price for a 3-bedroom villa is AED 1.28M, the most affordable in the emirate for a property of this configuration. The larger properties are predictably more expensive with the price going up to AED 5.5M for a 5-bedroom home.
Perfect for: Those looking at affordable homes in an up-and-coming neighbourhood in Abu Dhabi.
Al Raha Gardens
Rounding off the list of top 5 best areas to buy villas in Abu Dhabi is the popular community of Al Raha Gardens located opposite the prestigious Al Raha Beach development. One of the most in-demand waterfront communities in the UAE, the leasehold properties in Al Raha Gardens sold out quickly when it was launched. The area which is still under construction largely features properties that can be brought by UAE nationals. There are however several new projects coming up around the area, so in future, we could see the sales opening up for non-nationals. With two international schools nearby, gorgeous landscaped gardens and beautiful views, it’s easy to see why this development is particularly popular with the families in the emirate.
From a cost perspective, the villas in Al Raha Gardens fall under the mid-range bracket with 3-bedroom villas selling for an average of AED 2.87M, 4-bedroom houses will set you back by AED 3.4M and 5-bedroom properties are slightly higher at AED 4.15M.
Perfect for: Nationals looking for high-value properties to invest in the Abu Dhabi real estate market.
Which of these villa communities in the Abu Dhabi real estate market has caught your attention? There’s certainly something for everyone in the capital city that is fast becoming as prolific as the neighbouring emirate of Dubai for its real estate portfolio. With a variety of apartments and villas for sale in Abu Dhabi, the real estate market has become a sound investment option and continues to grow and attract more foreign investments. To hear about more exciting updates from the Abu Dhabi property market, stay tuned to the best Abu Dhabi property blog and don’t hesitate to leave us with any questions you have about buying a villa in Abu Dhabi.