Buying a Property in Abu Dhabi? Here Are the Things to Watch out For!

Posted by ryan on June 10th, 2019

What should you know about buying property in UAE’s capital? Well, it’s easier than you actually think. Buying a property is undoubtedly a big decision, no matter what location you choose. And if you think that process of purchasing a property in Abu Dhabi will be disconcerting, you are not alone.

A lot of questions arise when you firs think of buying a property. Some of the most common queries raised by the buyers include; what should you know about buying in Abu Dhabi, what is the right time to buy and should you buy considering expected length of your stay?

When should you be aware of when buying in the Emirates? So let’s just start with the basics. Firstly, buying property in Abu Dhabi is quite easy-peasy than most people Think. With transparency of the market and accessibility to online information in the UAE, on the whole, the country provides quite a safe environment for buyers. This includes legal protections that enhance a buyer’s peace of mind. Therefore, when legal formalities are involved never hesitate to hire a property lawyer in Abu Dhabi. You might find many property lawyers in Abu Dhabi, but choosing the right one will help you make things go easy on you.

Property Search

Online search platforms enable buyers to compare various offers to ensure they are not cheated, paying within a fair market range. Searching online for your next home can also help you in finding community-focused agents who can help with guiding you through the entire process. So, choose an agent that works for a reputable company.
When consulting your agent, doubts around location, distance from work, school, and other infrastructure should be considered before looking for specific areas in your search. Visiting and viewing a number of properties will give you a good sense of what exactly is available in the market and what suits to the best of your needs.

Market in 2019

Considering which direction is headed in 2019, it can be slated that 2018 was a significant year for the country when it comes to stabilization. But in a rapidly developing country that has witnesses economic ups and downs following the global financial crisis, especially in the real estate market, it is believed that Abu Dhabi is undoubtedly turning a corner. Abu Dhabi that just turned 47 has been through several different phases, but now the striking UAE capital is progressing towards stable growth.