Real Estate in Abu Dhabi

Real Estate

Real Estate refers to all kinds of property or land owned by an individual, family or a corporate. The property includes the immovable assets like buildings that come with it, as well as all the resources that come with the land. These resources include assets and natural resources like water, minerals and crops. Real Estate as a commercial service includes the transfer of ownership or usage right of the property. Ownership and usage rights are transferred through the sale, renting and lease of land, buildings and other property. Though real estate applies to a broad scope of property, operations and services, it deals with three primary aspects. These aspects include the many uses of land and property, the most basic being commercial, residential and industrial.

The residential side of real estate focuses on beach houses, villas, studio apartments and other properties designed for people to live in. The commercial side deals typically with commercial property like office spaces, office clubs, warehouses, etc. A Real Estate Agent offers his expertise and skills on behalf of a buyer or seller in a transaction that involves the transfer of ownership or right to use of a property. These services help workers find accommodation, sellers meet genuine buyers and corporates find the right office space. These agents have good negotiation skills, deep market knowledge and the ability to evaluate the worth of a property.

Land and property is constantly being valued, revalued, transferred and rented, based on many key factors. A few of these factors include location, proximity to the city and amenities, resources and the type of structure built on the land. Most real estate in Abu Dhabi and the rest of the UAE are locally owned and are leased, rented and sold to workers, businessmen and corporates on agreed terms. Madinat Zayed and the tourist Club Area are a few popular locations of renowned businesses, prominent in the market for real estate in Abu Dhabi.