Boom Times For People With Abu Dhabi Properties

All this talk about Dubai has detracted us from another equally (if not more) prosperous Emirate- Abu Dhabi. After Dubai, this city ranks as the most populous city in the U.A.E.

Quite naturally, given the similarities between the two Emirates, Abu Dhabi properties experience a high demand as well.

This predominantly island region is surrounded by the Persian Gulf on the north and the Sultanates of Saudi and Oman on the south and east respectively. With a 5.6 percent population growth rate, Abu Dhabi properties are being developed at a faster rate to accomodate the labor and the residents pouring into the city.

If you are looking to buy properties in Abu Dhabi, then this could be a great time to begin your U.A.E. properties investment.

According to the 12th annual World Wealth Report released a few days back by Merrill Lynch and Capgemini, the U.A.E.'s high net worth individuals (HNWI) escalated to 79,000 from 68,000 in 2007. In comparison, the average net worth for Abu Dhabi's citizens is an impressive US$ 17 million.

A number of ambitious projects are being undertaken and are currently in the works in Abu Dhabi, the New York State University being just one of them. Twenty nine percent of future GCC (Cooperation Council for the Arab States of the Gulf) plans are being jointly handled with major participation from Abu Dhabi as well.

You don't want to miss being a part of this wave of change. Buy a property in Abu Dhabi with analytic help from SkyDome Properties. We can help you with your U.A.E. properties investment.