Housing with bonuses in Abu Dhabi and hotel occupancy rate in the UAE

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