![\"\"](\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2024\/02\/shutterstock_282324641-1-800x534.jpg\")
<\/figure>Market Highlights <\/strong><\/h2>According to the annual Market Watch report<\/a> by Property Finder, in 2023, over 14,000<\/strong> real estate transactions were concluded in Abu Dhabi, totalling a huge AED 44 Вillion (USD 11.98B)<\/strong>. Of these, over 10,000<\/strong> were off-plan<\/a> projects with a combined value of AED 35.6 Billion (USD 9.7B)<\/strong>. <\/p>Compared to 2022, off-plan real estate transactions in 2023 increased by over a whopping 95%<\/strong>, with their value rising by 174%<\/strong>.<\/p>In 2024, the high demand for off-plan properties in Abu Dhabi is expected to continue due to the increasing popularity of the emirate for both residential and business purposes. <\/p>
According to Property Finder, the number of off-plan real estate transactions in 2021 amounted to 2,734, in 2022, it reached 5,095<\/strong>, and in 2023 hit 10,000<\/strong>. At the same time, the number of new projects being built is also on the rise. Given this trend, we can safely predict that the number of transactions in 2024 will reach new records.<\/p>The Most Popular Developments <\/h2>
Among the locations experiencing high demand in Abu Dhabi are <\/p>
\n- Al Reef<\/a><\/li>\n\n\n\n
- Yas Island<\/a><\/li>\n\n\n\n
- Al Maryah<\/li>\n\n\n\n
- Al Reem<\/a> Island <\/li>\n\n\n\n
- Saadiyat Island<\/a><\/li>\n\n\n\n
- Masdar City<\/a><\/li>\n\n\n\n
- Khalifa City<\/a><\/li>\n\n\n\n
- Al Raha Beach<\/a>. <\/li>\n<\/ul>
In these areas, there is increased interest in premium and luxury villas, which have risen in price significantly. Market Watch’s full annual report for 2023 highlights that Saadiyat Island<\/a> has become one of the most sought-after areas in Abu Dhabi, with an increase in value of about 38%<\/strong>. Prices for studios and apartments in the middle price segment are also growing, although not as significantly.<\/p>There are numerous options for under-construction real estate in Abu Dhabi, but several popular projects stand out because they are expected to be appreciated significantly by the time of their completion.<\/p>
1. Ohana By The Sea<\/strong><\/h3>Located on the beautiful Sahel Al Emarat coast in the almost untouched Ghantoot<\/a> area, bordering Abu Dhabi and Dubai, Ohana By The Sea boasts spacious, luxurious villas. <\/p>Its exclusive interiors, privacy, and lush greenery are captivating at first sight and make this destination a true slice of heaven. Every detail, from the finishes and contrasting colour palette to the designer furniture and high-quality materials, is meticulously crafted, ensuring you a smooth moving process. <\/p>
With its prime location on the border between the emirates, as a resident here, you will have quick access to both Dubai and Abu Dhabi.<\/p>
Average Prices<\/strong><\/p>The starting price for a four-bedroom villa with a swimming pool and a lush garden is AED 6.3M (USD 1.7M)<\/strong>. <\/p>Developer <\/strong><\/p>Ohana Development company<\/p>
Completion Date <\/strong><\/p>Its completion is expected in Q4 2024<\/strong>. <\/p><\/p>![\"\"](\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2024\/02\/Untitled-1-800x450.png\")
<\/figure>2. Ramhan Island<\/strong><\/h3>Ramhan Island is a paradise island retreat adorned with beautiful coves and mangrove trees, offering a truly luxurious lifestyle. <\/p>
Its sandy beaches, 120-berth yacht marina, private ambience, multiple bays, and pristine nature are the project’s main attractions, making it a perfect escape. <\/p>
Besides, the entire Ramhan Island, valued at AED 3.5B (USD 953M)<\/strong>, comprises four communities with premium villas and serviced apartments with direct access to the beach. <\/p>Average Price<\/strong><\/p>The starting price for a three-bedroom villa is AED 6.4M (USD 1.74M)<\/strong>. <\/p>Developer <\/strong><\/p>Eagle Hills<\/a><\/p>Completion Date <\/strong><\/p>The project is expected to be completed in 2026<\/strong>.<\/p>![\"\"](\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2024\/02\/Untitled-2-1-800x440.png\")
<\/figure>3. Sama Yas<\/strong><\/h3>Constructed by leading Abu Dhabi developer Aldar Properties, Sama Yas features three 9-storey buildings offering residents a luxurious lifestyle amidst beautiful nature. It is the first project with its own extensive park adorned with palm trees, rare trees, lots of beautiful shrubbery, and flowers.<\/p>
The complex includes premium apartments and duplexes with finishes including top-of-the-range marble, natural wood and stone. <\/p>
In addition, on the ground floor, there are retail spaces, a spa centre, and restaurants, levelling up your residential experience. <\/p>
Average Prices<\/strong><\/p>The starting price for one-bedroom apartments is AED 1.9M (USD 517M)<\/strong>. <\/p>Developer <\/strong><\/p>Aldar Properties<\/p>
Completion Date<\/strong><\/p>Construction of the project is expected to conclude in 2027<\/strong>.<\/p>![\"\"](\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2024\/02\/Untitled-3-1-800x363.png\")
<\/figure>4. Saadiyat Lagoons<\/strong><\/h3>Situated on the beautiful Saadiyat Island, which is one of the most popular islands of Abu Dhabi, Saadiyat Lagoons by Aldar Properties will be constructed near the renowned Louvre Abu Dhabi. This iconic project features designer villas surrounded by gorgeous mangroves, wildlife, and sandy beaches.
The community has its own internal infrastructure, including a cosy park, a blue lagoon with a sandy beach, swimming pools, cycling tracks, and fitness facilities, making it a self-sustained “city within a city.” <\/p>
Average Prices<\/strong><\/p>The starting price of villas is AED 6.1M (USD 1.66M)<\/strong><\/p>Developer <\/strong><\/p>Aldar Properties<\/p>
Completion Date<\/strong><\/p>The project is set for completion in 2026<\/strong>.<\/p>![](\"https:\/\/lh7-us.googleusercontent.com\/NAl-m8TOXk2KETMPeqi-woanXqMh6Euo4MecmV-fIEcz8OBKPFZgnwmoJLRligGUW1udcvsqkgliemnuIKYn8knbnB1DZbiPj4OxExc-dNy7CmYDlWTOKJg_V9uZuSsHjKKZZoM19Vt1xLAetkZZWgM\")
<\/strong><\/p>5. Sea La Vie<\/strong><\/h3>Developed by boutique developer Nine Yards, Sea La Vie comprises four towers along the waterfront of Yas Bay, directly on the shores of the Arabian Gulf. <\/p>
It features apartments, penthouses, duplexes, and townhouses with marine-inspired interiors, wooden wall finishes, exclusive furniture, and textiles tailored for luxury resort living. <\/p>
Average Prices<\/strong><\/p>The starting price for one-bedroom apartments is AED 1.25M (USD 340K)<\/strong><\/p>Developer <\/strong><\/p>Nine Yards<\/p>
Completion Date<\/strong><\/p>Construction is scheduled to finish in early 2026.<\/p>
<\/p>![\"\"](\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2024\/02\/Untitled-5-1-800x450.png\")
<\/figure>Other Popular Projects<\/strong><\/h2>Some other residential projects located on the main entertainment hub of Abu Dhabi — Yas Island<\/a>, are also very popular among investors. <\/p>Yas Island is extremely popular with tourists, expatriates, UAE citizens, freelancers, business professionals, and many others, so it has great investment potential. <\/p>
Residential projects such as Gardenia Bay and Mayyas cannot be overlooked in this case. They are both considered to be in the mid-price range but would definitely not look out of place in the premium sector of the market. <\/p>
1. Gardenia Bay<\/strong><\/h3>Gardenia Bay is being developed by the renowned developer Aldar Properties<\/a>. Residents of this upcoming project will live among sandy beaches, blue lagoons, and lush greenery. <\/p>Besides, it’s also home to a beach club, a pet park, coworking spaces, meeting rooms, and a private cinema, providing you with top facilities and services. <\/p>
Nearby is Yas Gateway Park, where you can take a leisurely stroll in the evenings. <\/p>
Average Prices<\/strong><\/p>The starting price for a studio here is AED 805K (USD 219K). <\/strong><\/p>Completion Date<\/strong><\/p>The project is expected to be completed in mid-2027<\/strong>.<\/p>![](\"https:\/\/lh7-us.googleusercontent.com\/UdyZJ4DBFjvaPO28dDu-Qefv7xgwbbRWvEHvwA6dJm8vIOXcXWp7RB-nCPT9xnclMvCdi_PSYU6y4gTIrpxCLdzoPL_ItsQo6x3kuQ_X88qIjgQYjy76kmMiQyCPGhR2lbHpmZPoDGeNjglsGIcMgOE\")
<\/p>
2. Mayyas at The Bay<\/strong><\/h3>Mayyas at The Bay by Advanced Properties is a residential project located on the picturesque waterfront of Yas Bay, just a few minutes on foot from the Yas Bay Waterfront. <\/p>
This complex offers apartments, penthouses, duplexes and townhouses, with luxurious interiors reflecting a prestigious lifestyle styled in ‘old money’ fashion. <\/p>
This project offers you numerous amenities at very competitive prices for the units starting from one-bedroom apartments. <\/p>
Average Prices <\/strong><\/p>The cost of a 1-bedroom apartment is AED 880K (USD 240K)<\/strong>. <\/p>Completion Date<\/strong><\/p>Construction will be completed in early 2026<\/strong>.<\/p>FAQ<\/strong><\/h2>Is Off-plan Real Estate Profitable for Investment? <\/strong><\/h2>The cost of off-plan real estate is lower compared to ready properties by at least 10-30%<\/strong>, but its prices, as well as demand, are constantly rising. For example, in 2023, the number of off-plan real estate transactions increased by more than 90%<\/strong> compared to 2022, with values increasing by 174%<\/strong>. Considering these facts, purchasing under-construction real estate in Abu Dhabi is a profitable investment.<\/p>It is also important to note that the under-construction real estate market in Abu Dhabi is diverse, creating even more opportunities for investors with different capital. The real estate in Al Reef<\/a>, Yas Island, Al Maryah, Al Reem Island<\/a>, Saadiyat Island, Masdar City<\/a>, Khalifa City<\/a>, Al Raha Beach<\/a> is in high demand. The most popular and promising projects in these areas include Ohana By The Sea, Ramhan Island, Sama Yas, Saadiyat Lagoons, Sea La Vie, and many others.<\/p><\/div>![\"\"](\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2024\/02\/Untitled-7-1.png\")
<\/figure>\nEvgeny Ratskevich<\/strong>, CEO of Metropolitan Capital Real Estate LLC and Partner at Metropolitan Group<\/em>.<\/p>\n\n\n\nEvgeny Ratskevich is a seasoned professional with a proactive approach to life, which led him to head the Metropolitan Group office in Abu Dhabi — Metropolitan Capital Real Estate LLC — in 2018. By 2021, this real estate agency had become one of the largest in Abu Dhabi, earning its reputation as a reliable partner and top performer with leading real estate developers in the emirate, including Aldar, Imkan, NIC, Bloom, and Reportage Properties. Clients of the agency come from all around the world just to use its services, from Russia and CIS countries, to the UK, Austria, and the Gulf states.<\/h6>\n\n\n\nToday, Evgeny Ratskevich is a certified broker of the Dubai Land Department and Abu Dhabi Municipality. Demonstrating his commitment to continuous professional growth and industry development, he actively participates in a project by Abu Dhabi Municipality, which is aimed to establish an authority overseeing the real estate market.<\/h6>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"
The real estate market in Abu Dhabi is confidently considered one of the most promising in the UAE. Before April 2019, expats couldn’t own a property in the capital. However, the government amended the law, approving a list of freehold areas where foreigners could become fully-fledged owners. This decision spurred investment, positioning Abu Dhabi as…<\/p>\n","protected":false},"author":30203,"featured_media":88769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-88638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\n
Most Popular Off-Plan Projects in the Abu Dhabi's Real Estate Market<\/title>\n<meta name=\"description\" content=\"The real estate market in Abu Dhabi is confidently considered one of the most promising in the UAE. Before April 2019, expats couldn\u2019t own a property in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Leaders Edit: Most Popular Off-Plan Projects in the Abu Dhabi's Real Estate Market\" \/>\n<meta property=\"og:description\" content=\"The real estate market in Abu Dhabi is confidently considered one of the most promising in the UAE. 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Compared to 2022, off-plan real estate transactions in 2023 increased by over a whopping 95%<\/strong>, with their value rising by 174%<\/strong>.<\/p> In 2024, the high demand for off-plan properties in Abu Dhabi is expected to continue due to the increasing popularity of the emirate for both residential and business purposes. <\/p> According to Property Finder, the number of off-plan real estate transactions in 2021 amounted to 2,734, in 2022, it reached 5,095<\/strong>, and in 2023 hit 10,000<\/strong>. At the same time, the number of new projects being built is also on the rise. Given this trend, we can safely predict that the number of transactions in 2024 will reach new records.<\/p> Among the locations experiencing high demand in Abu Dhabi are <\/p> In these areas, there is increased interest in premium and luxury villas, which have risen in price significantly. Market Watch’s full annual report for 2023 highlights that Saadiyat Island<\/a> has become one of the most sought-after areas in Abu Dhabi, with an increase in value of about 38%<\/strong>. Prices for studios and apartments in the middle price segment are also growing, although not as significantly.<\/p> There are numerous options for under-construction real estate in Abu Dhabi, but several popular projects stand out because they are expected to be appreciated significantly by the time of their completion.<\/p> Located on the beautiful Sahel Al Emarat coast in the almost untouched Ghantoot<\/a> area, bordering Abu Dhabi and Dubai, Ohana By The Sea boasts spacious, luxurious villas. <\/p> Its exclusive interiors, privacy, and lush greenery are captivating at first sight and make this destination a true slice of heaven. Every detail, from the finishes and contrasting colour palette to the designer furniture and high-quality materials, is meticulously crafted, ensuring you a smooth moving process. <\/p> With its prime location on the border between the emirates, as a resident here, you will have quick access to both Dubai and Abu Dhabi.<\/p> Average Prices<\/strong><\/p> The starting price for a four-bedroom villa with a swimming pool and a lush garden is AED 6.3M (USD 1.7M)<\/strong>. <\/p> Developer <\/strong><\/p> Ohana Development company<\/p> Completion Date <\/strong><\/p> Its completion is expected in Q4 2024<\/strong>. <\/p> <\/p> Ramhan Island is a paradise island retreat adorned with beautiful coves and mangrove trees, offering a truly luxurious lifestyle. <\/p> Its sandy beaches, 120-berth yacht marina, private ambience, multiple bays, and pristine nature are the project’s main attractions, making it a perfect escape. <\/p> Besides, the entire Ramhan Island, valued at AED 3.5B (USD 953M)<\/strong>, comprises four communities with premium villas and serviced apartments with direct access to the beach. <\/p> Average Price<\/strong><\/p> The starting price for a three-bedroom villa is AED 6.4M (USD 1.74M)<\/strong>. <\/p> Developer <\/strong><\/p> Eagle Hills<\/a><\/p> Completion Date <\/strong><\/p> The project is expected to be completed in 2026<\/strong>.<\/p> Constructed by leading Abu Dhabi developer Aldar Properties, Sama Yas features three 9-storey buildings offering residents a luxurious lifestyle amidst beautiful nature. It is the first project with its own extensive park adorned with palm trees, rare trees, lots of beautiful shrubbery, and flowers.<\/p> The complex includes premium apartments and duplexes with finishes including top-of-the-range marble, natural wood and stone. <\/p> In addition, on the ground floor, there are retail spaces, a spa centre, and restaurants, levelling up your residential experience. <\/p> Average Prices<\/strong><\/p> The starting price for one-bedroom apartments is AED 1.9M (USD 517M)<\/strong>. <\/p> Developer <\/strong><\/p> Aldar Properties<\/p> Completion Date<\/strong><\/p> Construction of the project is expected to conclude in 2027<\/strong>.<\/p> Situated on the beautiful Saadiyat Island, which is one of the most popular islands of Abu Dhabi, Saadiyat Lagoons by Aldar Properties will be constructed near the renowned Louvre Abu Dhabi. This iconic project features designer villas surrounded by gorgeous mangroves, wildlife, and sandy beaches. Average Prices<\/strong><\/p> The starting price of villas is AED 6.1M (USD 1.66M)<\/strong><\/p> Developer <\/strong><\/p> Aldar Properties<\/p> Completion Date<\/strong><\/p> The project is set for completion in 2026<\/strong>.<\/p> Developed by boutique developer Nine Yards, Sea La Vie comprises four towers along the waterfront of Yas Bay, directly on the shores of the Arabian Gulf. <\/p> It features apartments, penthouses, duplexes, and townhouses with marine-inspired interiors, wooden wall finishes, exclusive furniture, and textiles tailored for luxury resort living. <\/p> Average Prices<\/strong><\/p> The starting price for one-bedroom apartments is AED 1.25M (USD 340K)<\/strong><\/p> Developer <\/strong><\/p> Nine Yards<\/p> Completion Date<\/strong><\/p> Construction is scheduled to finish in early 2026.<\/p> <\/p> Some other residential projects located on the main entertainment hub of Abu Dhabi — Yas Island<\/a>, are also very popular among investors. <\/p> Yas Island is extremely popular with tourists, expatriates, UAE citizens, freelancers, business professionals, and many others, so it has great investment potential. <\/p> Residential projects such as Gardenia Bay and Mayyas cannot be overlooked in this case. They are both considered to be in the mid-price range but would definitely not look out of place in the premium sector of the market. <\/p> Gardenia Bay is being developed by the renowned developer Aldar Properties<\/a>. Residents of this upcoming project will live among sandy beaches, blue lagoons, and lush greenery. <\/p> Besides, it’s also home to a beach club, a pet park, coworking spaces, meeting rooms, and a private cinema, providing you with top facilities and services. <\/p> Nearby is Yas Gateway Park, where you can take a leisurely stroll in the evenings. <\/p> Average Prices<\/strong><\/p> The starting price for a studio here is AED 805K (USD 219K). <\/strong><\/p> Completion Date<\/strong><\/p> The project is expected to be completed in mid-2027<\/strong>.<\/p> Mayyas at The Bay by Advanced Properties is a residential project located on the picturesque waterfront of Yas Bay, just a few minutes on foot from the Yas Bay Waterfront. <\/p> This complex offers apartments, penthouses, duplexes and townhouses, with luxurious interiors reflecting a prestigious lifestyle styled in ‘old money’ fashion. <\/p> This project offers you numerous amenities at very competitive prices for the units starting from one-bedroom apartments. <\/p> Average Prices <\/strong><\/p> The cost of a 1-bedroom apartment is AED 880K (USD 240K)<\/strong>. <\/p> Completion Date<\/strong><\/p> Construction will be completed in early 2026<\/strong>.<\/p> The cost of off-plan real estate is lower compared to ready properties by at least 10-30%<\/strong>, but its prices, as well as demand, are constantly rising. For example, in 2023, the number of off-plan real estate transactions increased by more than 90%<\/strong> compared to 2022, with values increasing by 174%<\/strong>. Considering these facts, purchasing under-construction real estate in Abu Dhabi is a profitable investment.<\/p> It is also important to note that the under-construction real estate market in Abu Dhabi is diverse, creating even more opportunities for investors with different capital. The real estate in Al Reef<\/a>, Yas Island, Al Maryah, Al Reem Island<\/a>, Saadiyat Island, Masdar City<\/a>, Khalifa City<\/a>, Al Raha Beach<\/a> is in high demand. The most popular and promising projects in these areas include Ohana By The Sea, Ramhan Island, Sama Yas, Saadiyat Lagoons, Sea La Vie, and many others.<\/p> Evgeny Ratskevich<\/strong>, CEO of Metropolitan Capital Real Estate LLC and Partner at Metropolitan Group<\/em>.<\/p>\n\n\n\n The real estate market in Abu Dhabi is confidently considered one of the most promising in the UAE. Before April 2019, expats couldn’t own a property in the capital. However, the government amended the law, approving a list of freehold areas where foreigners could become fully-fledged owners. This decision spurred investment, positioning Abu Dhabi as…<\/p>\n","protected":false},"author":30203,"featured_media":88769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-88638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\nThe Most Popular Developments <\/h2>
\n
1. Ohana By The Sea<\/strong><\/h3>
<\/figure>2. Ramhan Island<\/strong><\/h3>
<\/figure>3. Sama Yas<\/strong><\/h3>
<\/figure>4. Saadiyat Lagoons<\/strong><\/h3>
The community has its own internal infrastructure, including a cosy park, a blue lagoon with a sandy beach, swimming pools, cycling tracks, and fitness facilities, making it a self-sustained “city within a city.” <\/p>5. Sea La Vie<\/strong><\/h3>
<\/figure>Other Popular Projects<\/strong><\/h2>
1. Gardenia Bay<\/strong><\/h3>
2. Mayyas at The Bay<\/strong><\/h3>
FAQ<\/strong><\/h2>
Is Off-plan Real Estate Profitable for Investment? <\/strong><\/h2>
<\/figure>Evgeny Ratskevich is a seasoned professional with a proactive approach to life, which led him to head the Metropolitan Group office in Abu Dhabi — Metropolitan Capital Real Estate LLC — in 2018. By 2021, this real estate agency had become one of the largest in Abu Dhabi, earning its reputation as a reliable partner and top performer with leading real estate developers in the emirate, including Aldar, Imkan, NIC, Bloom, and Reportage Properties. Clients of the agency come from all around the world just to use its services, from Russia and CIS countries, to the UK, Austria, and the Gulf states.<\/h6>\n\n\n\n
Today, Evgeny Ratskevich is a certified broker of the Dubai Land Department and Abu Dhabi Municipality. Demonstrating his commitment to continuous professional growth and industry development, he actively participates in a project by Abu Dhabi Municipality, which is aimed to establish an authority overseeing the real estate market.<\/h6>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"