Most popular bed types in Abu Dhabi for best ROI on buy-to-let properties
Just like Dubai, there are numerous opportunities for property investment in Abu Dhabi. With tons of new developments such as Al Reem and Mohammed Bin Zayed City, investors will surely find something which fits the bill. With all these investment opportunities in Abu Dhabi, how do you choose the right one for the best ROI? Well, if you are an investor who is thinking to buy properties in Abu Dhabi for the purpose of leasing, then this article is for you. Let’s take a look at what are the most popular bed types in Abu Dhabi which will give you the highest ROI for both apartment and villa rentals.
2-BEDROOMS ARE THE MOST POPULAR BED TYPES IN ABU DHABI WITH THE BEST ROI FOR APARTMENT RENTALS
Based on the inputs gathered from the last six months, our data team discovered that when it comes to leasing apartments in Abu Dhabi, 2-bedrooms are the most popular amongst all bed types in Abu Dhabi and would most likely provide the best ROI for investors looking to invest in buy-to-let properties. It is likely that 2-bedroom apartment rentals in Abu Dhabi topped the list, as their prices have fallen across the Abu Dhabi property market in the first half of 2018, providing an opportunity for many families and individuals alike to upgrade from 1 BHK flats to larger 2-bedroom flats. Following 2-bed flats, in order of popularity was 1-bedrooms, studios and then 3-bedrooms.
Al Reem Island topped the list for 2-BEDROOM APARTMENT RENTALS IN abu dhabi
Boasting beautiful residential properties with stunning waterfront views, that come equipped with high-quality amenities and state-of-the-art facilities, Al Reem Island sits right on top as the best area to invest in 2-bedroom flats in Abu Dhabi. This development has become one of the fastest-developing neighbourhoods in Abu Dhabi and is the ideal location for families with children as it has some of the best educational institutes that cater to different age groups within its vicinity.
The average rents for a 2-bedroom apartment in Al Reem Island currently are at AED 105k yearly, whereas, the average sale prices for the same unit amount to AED 1.55M, which means that this is an area where you can get the best ROI in Abu Dhabi on a buy-to-let property. Another thing to note here is that there is an on-going construction of various leisure and recreational projects such as Reem Central Park on this development, which means that residents living on Al Reem Island will eventually have access to some world-class amenities, which can further allow for investors to receive a higher ROI for apartments in Abu Dhabi.
Following Al Reem Island, Al Khalidiya took the second spot for the most popular area to rent 2 BHK apartments in Abu Dhabi. Corniche Area, Al Muroor and Hamdan Street, areas which are known for their vast portfolio of apartments, ranked third, fourth and fifth respectively, in popularity for renting 2-bedroom flats in Abu Dhabi.
When it comes to 1-bedroom flats for rent in Abu Dhabi, Al Reem island once again took the number one spot with average rent prices at AED 73k and sale prices at AED 980k, followed by the 1-bed apartments in Mohammed Bin Zayed City.
4-BEDROOM villas are on top for most POPULAR BED TYPES WITH THE BEST ROI in Abu Dhabi
As stated earlier, there are numerous developments taking place in the capital city. So without a doubt, those looking at investing in Abu Dhabi’s villas will surely not be disappointed. Our data team looked at the popularity of villa rentals in Abu Dhabi and 4-bedroom units were found to be the most popular for renting. So if you are looking at investing in the capital city for buy-to-let villas, 4-bedroom units will get you the maximum ROI for villas in Abu Dhabi. This is followed by 5, 3 and 2-bedroom villas respectively. Once again, the falling prices in the Abu Dhabi property market can be attributed to families upgrading from smaller 2 and 3-bedroom villas to larger 4 and 5-bedroom villas in Abu Dhabi.
mohammed bin Zayed city is the most popular area for 4-bedroom in villas in Abu Dhabi
When investing in a 4-bedroom villa in Abu Dhabi areas of Mohammed Bin Zayed City, Khalifa City A and Al Khalidiyah will be the best for investors looking to receive a high ROI for villas in Abu Dhabi. The overall price for a 4-bedroom villa for rent in Abu Dhabi starts at AED 90k, whereas, sale prices for the same unit start at AED 1.50M. These areas ranked as the most popular as they are wholesome neighbourhoods, which are perfect for large families since they house amazing villa units for rent and sale and are in close proximity to the best schools and nurseries in Abu Dhabi.
Coming in second for the most popular bed types in Abu Dhabi for villa rentals are larger 5-bedroom units. Again, the areas of Mohammed Bin Zayed City and Khalifa City A, with an addition of Al Mushrif came up as the most popular areas to invest in buy-to-let properties for villas in Abu Dhabi. Investing in these areas will surely get the best ROI for villas in Abu Dhabi as they offer the ideal living setting due to their spacious villa units. The rents for a 5-bedroom villa in Abu Dhabi start at AED 100k, whereas, sale prices start at AED 1.5M providing a great opportunity for investing in villas to let.
And there we have it. That was our round-up of all the most popular bed types in Abu Dhabi, which you should consider investing in if you are looking to buy properties in Abu Dhabi for the purpose of leasing. You can opt for buying an apartment in Abu Dhabi or a house and make a tidy profit in the long run.
If you will be visiting the capital city soon or are living there, make sure to check out these free things to Abu Dhabi.
Which of these areas did you find most appealing? Let us know is the comment section below and as always, stay tuned to MyBayut to receive all the updates and trending information from the UAE real estate market.
