Frequently Asked Questions

Some of the most sought-after areas include **Al Reem Island, Saadiyat Island, Yas Island, Al Raha Beach, Corniche Road, and Khalifa City.** These areas offer a mix of luxury living, amenities, and accessibility.

For **renting**, you’ll need a valid passport, residence visa, and Emirates ID. For **buying**, expats also need a valid passport and, in some cases, proof of residence or pre-approval for financing.

There is **no property tax** in Abu Dhabi. However, owners pay annual **service charges** to cover maintenance, security, and upkeep of shared facilities within their community.

**Residential property sales and leases are generally exempt from VAT.** However, commercial properties are subject to 5% VAT.

No, a residence visa is **not required** to purchase property in designated investment zones. However, property ownership can significantly aid in applying for long-term residency visas.

Local and international banks in the UAE offer **mortgages** for both residents and non-residents, typically subject to eligibility criteria, age limits, and loan-to-value ratios.

Rental prices vary significantly by location and property size. On average:

• **Apartments:** AED 45,000 – AED 120,000 per year
• **Villas:** AED 120,000 – AED 300,000 per year