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- Housing with bonuses in Abu Dhabi, locations with highest number of rental enquiries and hotel occupancy rate in the UAE in March 2022
Approximately 7,000 residential units will come online in Abu Dhabi in 2022.
- For comparison – 6,000 units were delivered in 2021.
Most residential units in 2021 were delivered in areas: 1. Al Reem Island 2. Al Raha Beach 3. Yas Island
In Abu Dhabi, some landlords offer housing with bonuses:
- Rent-free periods
- Payment by multiple cheques
The highest number of rental enquiries generated: 1. Al Reem Island – 18% 2. Khalifa City and Al Raha Beach – 7% 3. Corniche Road – 6%
The hotel occupancy rate in the UAE in March 2022 was 90%.
This is the highest level since 2007 when there were roughly 90,000 less rooms in the market. The key incentive is the end of Expo 2020 on March 31, 2022. A recent report showed that 76% of companies see business growth boost during Expo 2020. Sources: Khaleej Times, Gulf News, Zawya
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