Each year, millions of people visit propertyfinder.ae to search for the perfect apartment or their dream home. A big part of that search often involves finding the perfect community where they can raise children, enjoy a convenient lifestyle, catch up with friends or just make their commute a little easier.
Whilst it’s impossible to say what’s ‘best’ for everyone, here are the top 10 communities in the capital that are so popular that hundreds of thousands of our website visitors searched for homes in them this quarter. By analysing user behaviour at propertyfinder.ae, we determined which neighbourhoods in Abu Dhabi were the most searched, hottest places to buy and rent property. Here are highlights from our report.
Al Reem Island, Al Reef and Al Raha Beach continued to dominate the list of most searched neighbourhoods in Abu Dhabi amongst prospective buyers. Q4 also saw a resurgence of interest in Nurai Island, an ultra-luxury private island villa development near Saadiyat Island, whilst Khalifa City retained its year-on-year spot in the top 10 list. With construction set to begin on the massive New Khalifa City project, the community is likely to enjoy continued interest.
Whilst Reem Island remained the most searched community amongst renters year-on-year followed by Khalifa City, Al Reef, Al Raha Beach and Al Khalidiya, Hydra Village was the surprise entrant on the list. Situated within easy reach of Yas Island, the community offers easy access to downtown Abu Dhabi and Dubai, a factor that might have contributed to its recent rise in popularity given the recent relocation of numerous employees to the capital.
Commenting on these trends, Michael Lahyani, our CEO and Founder said, “The recent removal of the 5 percent rental cap in Abu Dhabi might result in a hike in rents in neighbourhoods around the city centre, driving residents to seek more affordable locales that may be further from work and offer fewer amenities. Whether this will then result in more units coming back on to the market, more choice, price competition and lower rents in the long term, remains to be seen.”
Click here to download the entire report.
