Shops for sale in Abu Dhabi are among the best investments in the UAE. Abu Dhabi, being the capital and one of the most important cities, provides an easy start for businesses due to the government regulations imposed on business owners before launching their projects.
Shops for sale in Abu Dhabi, The Abu Dhabi Commercial Market is one of the world's largest and most vibrant markets, attracting many investors looking for shops for sale or rent. The city offers a diverse range of commercial properties, making investment in Abu Dhabi an ideal choice, and providing clients with an investment environment full of projects on both international and regional levels.
Best Areas for Shops for Sale in Abu Dhabi
There are several areas with available shops for sale in Abu Dhabi, each with unique advantages in terms of prices and location. Among them are:
Al Reem Island
- Al Reem Island is a versatile area with shops for sale in Abu Dhabi.
- The area covers approximately 5.2 million square meters, divided into two zones: Reem Parks and Reem Beach.
- It is strategically located facing the public beach and extends along Sheikh Zayed Bin Sultan Street, close to Dubai.
- Various commercial shops are available on the ground floors, along with offices featuring diverse finishes and spaces.
- Al Reem Island stands out for its reasonable prices, with an average selling price of AED 4.69 million and a square foot price of approximately AED 4,725. The return on investment in this area reaches 2.56%.
Al Maryah Island
- Al Maryah Island is one of the newest and most sought-after areas in Abu Dhabi.
- The area offers diverse commercial and residential properties for sale or rent.
- Its remarkable feature includes a breathtaking waterfront view.
- Al Maryah Island is equipped with essential services and entertainment facilities such as schools, hospitals, hotels, malls, cafes, and restaurants.
Saadiyat Island
- Saadiyat Island is a significant residential, cultural, and commercial area in Abu Dhabi.
- Its strategic location, 7 minutes from the heart of Abu Dhabi, and proximity to Abu Dhabi Airport (approximately 20 minutes) make it highly desirable.
- Saadiyat Island features a golf club, Saadiyat Beach, various residential properties, shops for sale in Abu Dhabi, hotels, and excellent sandy beaches.
Shops for sale in Abu Dhabi, Benefits of Buying Properties in Abu Dhabi
Many citizens and foreigners worldwide seek shops for sale in Abu Dhabi due to its renowned luxurious properties, offering a sophisticated lifestyle. Abu Dhabi is one of the world's premier shopping destinations and the best choice for investors managing their shopping centers. Key benefits include:
Real Estate Residency
Shops for sale in Abu Dhabi, Purchasing property in Abu Dhabi allows obtaining real estate residency or a residence visa in the UAE, backed by the owned property. This offers various advantages, including opening a personal bank account, financial facilities, employment opportunities, the ability to apply for a driving license, access to healthcare and government services, and enrolling children in schools.
Stability and Incentives
Investors benefit from real estate stability and various incentives, as the city provides numerous facilities to attract both citizens and foreigners for property investment.
Shops for sale in Abu Dhabi, Steps to Acquire a Shop in Abu Dhabi
Foreigners can acquire shops for sale in Abu Dhabi for full ownership and conduct business activities in specific investment zones. Within these zones, investors can establish full businesses with the possibility of employing residents in the UAE.
Analyze Commercial Real Estate Market
Conduct comprehensive market research to find the most profitable properties, utilizing auditing reports, statistical data, and monitoring demand in the commercial real estate market.
Identify Your Needs
Develop a business strategy based on your goals, requirements, and company details. If purchasing for future leasing, predict negative income and identify potential lessee groups.
Quick Sale of Commercial Properties
If planning to sell a commercial property, plan and arrange the deal quickly and under favorable terms.
Prepare Documents
Shops for sale in Abu Dhabi, Obtain a professional lawyer to verify all necessary documents for buying, selling, or leasing a property, acquire a business license, prepare income/expenditure statements, and seek advice on any legal matters related to Abu Dhabi's laws.
Abu Dhabi offers numerous advantages and facilities for buyers in the real estate sector. Despite the economic stability it provides, creating an ideal environment for real estate prosperity, Abu Dhabi attracts investors interested in purchasing commercial spaces. The Emirates offers flexible payment plans, allowing buyers to easily acquire their desired properties. Moreover, the real estate market stability contributes to continuous property value appreciation.
Key Features and Facilities Offered by Abu Dhabi Properties for Investors
- Full Ownership: Investors can enjoy full ownership in free zones designated for both citizens and foreigners.
- Diverse Business Activities: Investors can own properties for various commercial activities, spanning over 122 business activities and 13 sectors within the UAE.
- Profit Returns: Investors have the potential to gain profit returns of up to 100%.
- High Investment Returns: Returns from commercial properties in Abu Dhabi are notably higher compared to real estate markets in other countries.
- No Property Taxes: Unlike many other countries, Abu Dhabi does not impose property taxes.
Shops for sale in Abu Dhabi, Best Shopping Centers in Abu Dhabi
Abu Dhabi, being the capital of the UAE and the second-largest emirate, hosts a variety of shopping centers. Notable among them are:
- Yas Mall: Located on Yas Island, Yas Mall is an ideal shopping destination with global and local brands, entertainment options, and a cinema complex.
- The Galleria Mall: This luxury mall in the World Trade Center area features a unique blend of modern and traditional design, offering fashion, accessories, dining, and entertainment.
- Al Wahda Mall: Positioned in the heart of the city, Al Wahda Mall is a significant shopping center with a wide range of retail options, including famous brands and a cinema.
Top Small Business Projects in the UAE
Shops for sale in Abu Dhabi, For those looking to open small businesses in Abu Dhabi, consider the following successful and low-capital ventures:
- Small Bakery and Confectionery Shop: With continuous celebrations in Abu Dhabi, a small bakery can thrive, providing baked goods for various occasions.
- Flower and Plant Shop: Offering home delivery services, this small business caters to the demand for flowers and plants, especially during celebrations.
- Home Appliance Repair Shop: Capitalizing on the need for appliance maintenance, a repair shop can be a successful small business with the right skills.
- Jewelry Manufacturing: The jewelry industry is lucrative, and careful planning and execution can lead to a successful venture.
Shops for sale in Abu Dhabi, Requirements for Opening a Business in the UAE
To purchase commercial properties in Abu Dhabi, adhere to these essential requirements:
- Minimum Shop Size: The commercial space should not be less than approximately 200 square feet.
- License Limit: Ensure the number of licenses for the commercial space does not exceed the allowed limit, typically set at 10 licenses.
- Government Approval: Obtain approval from relevant authorities and other responsible entities in the UAE.
- Payment of Fees: Pay all fees associated with the commercial licenses.
- Documentation: Submit all necessary documents to the Department of Economic Development for the commercial register license.
Protecting Your Investment in Abu Dhabi
Shops for sale in Abu Dhabi, Investing in Abu Dhabi's commercial properties can be profitable but comes with certain risks. To safeguard your investment:
- Research Developers and Agents: Verify the reputation and credentials of developers and real estate agents before committing to any transactions.
- Check Property Ownership: Confirm that the seller legitimately owns the property by reviewing the property deed through official channels.
- Be Cautious with Off-Plan Properties: Exercise caution when dealing with off-plan properties, ensuring the reliability of developers.
- Avoid Cash Payments: Prefer secure payment methods such as checks or bank transfers to minimize the risk of fraud.
- Legal Consultation: Seek legal advice or consult a real estate expert to review contracts and agreements, ensuring legal compliance.
- Visit the Property: Personally visit the property before finalizing any deals to verify its condition and the accuracy of descriptions.
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