Property UAE: Abu Dhabi 'sound investment'

03/08/2009 - Northern Emirates Property & Investment News
Property UAE: Abu Dhabi 'sound investment'

Written by Neil King

People wanting to invest in property in the UAE are being advised to explore Abu Dhabi.

Christopher Chadd is the head of research at Property Frontiers and explained the location has been a popular spot for purchasing accommodation over recent years.

Because the state has not developed as quickly as its neighbour Dubai, it has been able to learn from the location's activities, he added.

Mr Chadd further noted Abu Dhabi was richer and would be able to move forward stronger than some other places in the Middle East.

"We are actively seeking sound investment opportunities in this part of the world as we feel … an investment here would make a solid addition to most portfolios," he stated.

In conclusion, Mr Chadd pointed out an increasing number of Brits were looking to put their finances towards accommodation in countries overseas, rather than in the UK.

Property Frontiers is a founder member of the Association of International Property Professionals and specialises in supporting investors in emerging housing markets across the globe.ADNFCR-2019-ID-19294027-ADNFCR