With a population of 389,400 as of mid-2011 – some 103,800 of whom are Emirati nationals – Al Ain is the second-largest city in the emirate of Abu Dhabi and the fourth largest in the UAE. It has grown without losing its character or damaging the oasis that has sustained it for more than 4000 years. However, the population of the UAE has been soaring...
With the development of an industrial base forming an important component in the emirate’s overall economic diversification strategy, the demand for high-quality industrial real estate including warehouse space is expected to rise. While the supply of this type of product has historically been limited in Abu Dhabi, the market has begun to recognise...
The development of Al Gharbia contributes to the region’s hope to build its tourism sector over the next decade. The sector accounted for Dh200m ($54m), or 1.3%, of the region’s GDP in 2010, according to the Statistics Centre – Abu Dhabi. As the targets of Plan Al Gharbia 2030 continue to be met, this figure is expected to hit Dh1.2bn ($327m), or 5....
After having put several major projects on hold during 2011, the Executive Council announced in January 2012 that it had approved a number of projects across several sectors, including transport, housing, health care and tourism. With commercial real estate development expected to be relatively slow in 2012 as the emirate works to absorb the large...
An important part of the development of Abu Dhabi has been the land reclamation and dredging works that have occurred along the emirate’s shoreline. This type of work has helped to form the island and coastal developments that are playing an increasingly important role in the local real estate market. But with most of this work having already been...
The car is king in Abu Dhabi, where petrol is inexpensive and the development of outlying suburban areas has meant that long commutes to the office are not uncommon. But with population growth and continued economic expansion in recent years, the emirate’s roadways have come under some pressure, particularly in Abu Dhabi City’s central business...
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