Abu Dhabi Mini Map $19.95 Abu Dhabi Mini Map

Staybridge Suites Abu Dhabi Yas Island $196.06 Staybridge Suites Abu Dhabi Yas Island > AUH > Yas Island Golf Plaza > Abu Dhabi > > 41880>Location. This Yas Island hotel is close to Yas Island Circuit. Features. Staybridge Suites Abu Dhabi Yas Island has an outdoor pool and a fitness facility. Guestrooms. Guestrooms provide complimentary wireless Internet access. >

Mastaba of Abu Dhabi – Signed $399.99 Christo Mastaba of Abu Dhabi – Signed – Collectable Print

Mastaba of Abu Dhabi $59.99 Christo Mastaba of Abu Dhabi – Art Print

Centro Yas Island Abu Dhabi $80.14 Centro Yas Island Abu Dhabi > AUH > Golf Plaza > Abu Dhabi > > 131755>Location. This business friendly Yas Island property is situated near the beach, close to Yas Island Circuit. Features. Centro Yas Island Abu Dhabi has tennis courts, an outdoor pool, a fitness facility, and a pool. Business amenities include a 24 hour business center, complimentary wireless Internet access, meeting rooms for small groups, and business services. Centro Yas Island Abu Dhabi has a restaurant, a bar/lounge, and a coffee shop/café. A reception is complimentary to guests. Event facilities include conference rooms. Transportation services at this 3.0 star property include a shopping center shuttle (surcharge) and an area shuttle (surcharge). The property has designated areas for smoking (fines may apply for smoking in non smoking areas). Guestrooms. Amenities featured in guestrooms include speakerphones, air conditioning, and coffee/tea makers. In addition, amenities available on request include irons/ironing boards and wake up calls. Guestrooms have LCD televisions with premium TV channels. Business friendly amenities include wireless Internet access (surcharge), direct dial phones, and voice mail. Complimentary bottled water is provided. Pillow menus are available. Each guestroom features unique furnishings. All guestrooms provide complimentary bottled water. Bathrooms feature bathroom phones, scales, and bathrobes. Guestroom services include a turndown service and housekeeping. Select guestrooms have pool or water views. Guestrooms are accessible via exterior corridors. >

Yas Island Rotana Abu Dhabi $93.96 Yas Island Rotana Abu Dhabi > AUH > Golf Plaza > Abu Dhabi > > 131755>Location. This family friendly Yas Island hotel is situated near the beach, close to Yas Island Circuit. Features. Yas Island Rotana Abu Dhabi has tennis courts, a health club, an outdoor pool, a steam room, and a sauna. This 4.0 star Yas Island property features massage and treatment rooms. Business amenities at this 4.0 star property include a business center, complimentary wireless Internet access, meeting rooms for small groups, and technology support staff. Yas Island Rotana Abu Dhabi has a bar/lounge, a poolside bar, and a swim up bar. The reception is complimentary to guests. 24 hour room service is available. Event facilities consist of a ballroom, exhibit space, conference rooms, and banquet facilities. The staff can arrange tour/ticket assistance, event catering, dry cleaning/laundry services, and translation services. Additional amenities include a fitness facility, a concierge desk, and laundry facilities. The property has designated areas for smoking (fines may apply for smoking in non smoking areas). Guestrooms. Yas Island Rotana Abu Dhabi features 308 guestrooms in a 9 story property. 32 inch LCD televisions with premium TV channels and free movie channels are available in guestrooms. Business friendly amenities include desks, direct dial phones, and voice mail. Complimentary bottled water is provided. Beds feature down comforters and premium bedding. Guestroom beds have Select Comfort mattresses. Each guestroom features unique furnishings. All guestrooms provide coffee/tea makers. Bathrooms feature shower/tub combinations, bathroom phones, and designer toiletries. Amenities featured in guestrooms include speakerphones, air conditioning, and minibars. Additional amenities offered include blackout drapes/curtains, soundproofed rooms, and complimentary newspapers. Select guestrooms have pool or water views. Guestrooms are accessible via exterior corridors. Guestroom services include a turndown service and housekeeping. In addition, amenities available on request include irons/ironing boards. Rollaway beds are available on request. >

Radisson Blu Hotel, Abu Dhabi Yas Island $101.62 Radisson Blu Hotel, Abu Dhabi Yas Island > AUH > Golf Plaza > Abu Dhabi > > >Location. This business friendly Yas Island property is conveniently close to the airport, near Yas Island Circuit. Features. Radisson Blu Hotel, Abu Dhabi Yas Island has 2 outdoor swimming pools. Other recreational facilities include a tennis court, a health club, and a children’s pool. The onsite spa offers massage and treatment rooms and beauty services. Business amenities include a business center, complimentary high speed (wired) Internet access, meeting rooms for small groups, and technology support staff. Radisson Blu Hotel, Abu Dhabi Yas Island has a restaurant, a bar/lounge, and a poolside bar. 24 hour room service is available. Event facilities consist of a ballroom, conference rooms, and banquet facilities. Guestrooms. Amenities featured in guestrooms include iPod docking stations and air conditioning. Business friendly amenities include complimentary high speed (wired) Internet access. Bathrooms feature complimentary toiletries. Notifications:Additional fees and deposits may be charged by the property at time of service, check in, or check out. >

Map of Abu Dhabi, Middle East $24.99 Map of Abu Dhabi, Middle East – Photographic Print

Park Inn Abu Dhabi, Yas Island $60.11 Park Inn Abu Dhabi, Yas Island > AUH > Golf Plaza, Yas Island > Abu Dhabi > > 93725>Location. This family friendly Yas Island property is situated near the beach, close to Yas Island Circuit. Features. Park Inn Abu Dhabi, Yas Island has tennis courts, an outdoor pool, and a children’s pool. Business amenities include complimentary wireless Internet access, meeting rooms for small groups, and business services. Park Inn Abu Dhabi, Yas Island has a restaurant, a bar/lounge, and a poolside bar. 24 hour room service is available. Event facilities include banquet facilities. This 3.0 star property provides a complimentary area shuttle. Guestrooms. Amenities featured in guestrooms include air conditioning, coffee/tea makers, and minibars. In addition, amenities available on request include irons/ironing boards. Guestrooms have LCD televisions with premium TV channels, free movie channels, and pay movies. Business friendly amenities include complimentary high speed (wired) Internet access, complimentary wireless Internet access, and desks. Complimentary bottled water is provided. Beds feature down comforters, down blankets, and premium bedding. Guestroom beds have Select Comfort mattresses. All guestrooms provide complimentary bottled water. Bathrooms feature shower/tub combinations, bathroom phones, and designer toiletries. Guestroom services include housekeeping. Select guestrooms have city or pool views. Rollaway beds are available on request. >

Abu Dhabi, United Arab Emirates $19.99 Walter Bibikow Abu Dhabi, United Arab Emirates – Photographic Print

abu dhabi golf 2010 scores

Abu Dhabi 2010 Q1 Report

Summary of the property market

Highlights

• rental rates recorded decreases and should continue to fall in line with the additional supply on the market.
• Villa rates also decreased, especially at the upper end of the market.
• Demaind office space remains weak with tenants generally adopted a wait and see stratergy because of pending cuts price of supplies and more enter the market.
• The market of Al-Ain is seeing declines news for all types of assets and this trend will continue as the supply enters the market.

Monitor Real

"2010 will be an unprecedented year for real estate market of Abu Dhabi with the first action real steps "Investment Area provided. This freehold" new "offer, and many major construction lease projects inside and outside the main island, will make a significant amount of new supply sources, with a total of nearly 20,000 new housing units at year end. This shift in the market and for the first time in Abu Dhabi, some developments very high end residential. "

Elaine Jones

Chief of Property Management Astec

New supply is increased downward pressure on rents

• Apartment rents have declined on average between 5 and 15% over the last three months, with significant amounts of new supply under construction, this downward trend will continue.
• A pattern of income a sharp decline in global demand and the contradiction argument of the offer. Astec estimated that up to 15,000 apartments will be put on the market end of 2010, with more than 9,000 of these units are built specifically for rental.
• In addition, a substantial amount of "new stock is expected to complete in the next area of three investment "of six months in Al Reem Island is likely to be available for rent.
• A significant proportion pent-up demand for housing is diverted to Dubai, which shows the end interconnected the two markets have become.
• Astec lease has been low turnout among new developments, which have been delivered during the last three months or so imminent. This is mainly due to a mismatch between the price expectations of landlords and tenants future budgets. Owners tend to test the market citing high rents Initial measure demand and found downward adjustments in prices necessary.
• The issuance of new shares is a good test of the appetite market and that new supply is absorbed, to establish key benchmarks rent that should lead to price adjustments between the existing shares, reflecting the changes in location and quality. In addition, these criteria must hire others to help owners of new buildings in terms of defining strategies prices.
  • The selling price of apartments, on average, showed that declines AED100 AED50 per square foot (3-7%) in the last three months. This reflects the increase in the number of ads that go to market and the fact that some investors are encouraged to sell more willing to accept lower prices and output. reasoning for sale is motivated by the following factors:
    • The investor can afford the final payment on the transfer.
    • An investor can not obtain a mortgage or refinancing.
    • Investors does not intend to retain ownership.
    • The investor has bought several units and requires consolidation.
  • Astec believes that as the end value will be closer and pressure on prices. In contrast, Astec noted that some investors looking to sell and are fully paid or financing in place have decided to withdraw its units market for the conclusion of one to two years. It has become a plausible option for some investors after the announcement of the Law No. 4 of 2010 offers homeowners a greater flexibility in terms of seizing their property. Previously if an investor leaves his apartment tenant had security of tenure of five years and, therefore, if the investor wishes to sell within that period should have done for an occupant in place an impact on the price and marketing, therefore.
  • Over the last six weeks, the rest of the inventory Sorouh published in the Sun Tower, the prices quoted from AED1, 600 to AED1, 680 per square foot in the back of a mortgage rate of 4.99% of grants. It is understood that research Astec was strong, but it is too early to assess to what extent this research to result in a sale.
  • Of the 15,000 apartments are back this year, about 4,600 are completed in the early stages of Al Reem Island (Plaza de la Marina and Shams Abu Dhabi) in the next three to six months, with another 511 units in total for Al Bandar, Al Raha Beach in the next three months.
  • At present, demand remains fully focused on them in light of the state of completion.
  • Since the current market is driven by end users who looking to buy for owner-occupiers or as a long-term investment, the total accessibility of the purchase price and the cost of payments mortgage and rental income potential long-term are key to the difference in price per square foot.
  • There is preference among investors to buy to rent for small apartments with one or two rooms, which are perceived as offering the best prospects for ensuring high performance. In addition, if buyers can generally expect to pay a higher price per square foot for a smaller unit on the market today not taken into account the pricing and, consequently, there is little or no difference in price per square foot basis between the units different size

Buyers Market

Affordability sets a ceiling on rental rates Villa

• For the As in the previous quarter, some reductions Villas have witnessed what has been particularly marked at the upper end of the market.
• Regarding the residential areas outside the island, with most villas in the gardens of the Gulf have been delivered, the research shows that about 70% Astec these villas are available for rent, with the remaining 30% occupied by owners. In addition, about half of the villas have been hired so far are partnership agreements.
• About villas 3800 developed specifically for the rental market, delivery will take place in 2010. The majority are low shares in mid-quality Khalifa City A and B, and Mohamed Bin Zayed City. Astec expects a lot of them are subdivided into smaller units, making it difficult to predict the number of residential units in fact appeared on the market in these areas.
• As mentioned above, a large proportion of holiday homes Golf gardens have appear on the rental market. Most tenants of this development are Western expatriates. The demand for this group of residents is due to housing subsidies are generally decreasing, on average, subsidies tend to be in the region of AED300, 000 to 350,000 AED per year for management positions. Therefore, Housing cited five rooms spread over AED400, 000 they are fighting for prices fell to more realistic levels, with a five-bedroom villa, now available less than AED350, 000.
• At the other end of the market, offering the first phases of the reef has brought a new dynamic the form of expatriate owners. Since these new owners have committed mortgage, your desire to ensure tenants at the beginning and avoid periods of vacancy and saw the price of renting the lower levels original quote.
• Since several steps are delivered in the coming months, rents in this development is likely to come under increasing pressure to drop further.
  • Astec has not seen significant fluctuations in the prices of villas in the last three months.
  • From the perspective of investments, based on current prices, the evolution of the large villa at Al Raha Gardens, Coral Gardens Golf and Al are, on average, achieve all gross returns of about 9-10%.
  • Approximately 1,400 houses were tend to be delivered in the areas of investment during 2010, with most located in Al Reef and a small number of luxury villas / houses Plaza Marina of Reem Island. In addition, 200 villas / houses should be delivered on the market at the beginning of the Al Raha Beach next year.
  • Despite its location outside the city in terms of volume of research, Al Reef is currently the event most popular among buyers, reflecting demand for affordable, good value for money and property that is now the first phase should be delivered.
    • With little data on the open market emerging compromise, it is difficult to assess the current market rents. Clearly, However, the current supply and demand dynamics on the market require that the rents are under significant pressure to fall.
    • Owners which were more flexible in their prices and rents are reduced below the AED2, 000 per square meter (again shell and core values) revealed reasonable levels of interest.
    • Currently, there are over two million square feet of new office equipment available for occupancy and the tenant to put on the market works, with a significant amount of additional space under construction.
    • Demand continues being poor in the office sector, with tenants generally adopting a wait and see because of expectations of further cuts prices that more supply hits the market.
    • With a participation rate remains low, some owners have new offices in a warehouse and part sine qua non of the equipment are now undertaking work to improve the prospects for rental.
    • In addition to reducing rents, owners increasingly need to offer incentives at no cost to encourage tenants to rent space in their buildings.
    • Some tenants who have signed pre-agreements with the owners to do is try to renegotiate the terms before taking possession.
    • There are a lot of repressed demand by prospective tenants and is based in the city occupies an area of poor quality at high prices.
    • As above, office space finished to enter the market, the difference between the values of truth and shares of Class A the secondary space will increase significantly.
    • The buildings of the upper end of income above the table does not apply that the new quality and modern "Grade A" with adequate parking. The average exchange rate for most of the existing material is at the end lower range.
      • In general, apartments and villas have fallen over the last quarter of nearly 10% new supply hits the market and demand is slightly reduced – especially as some work in Dubai travelers have chosen to return to rents due to the fall of Dubai.
      • The development of new Al Hili, with over 1220 units of two and three bedrooms, is ready and delivery is expected in the next two months. Consequently, the leasing activity can hardly be regarded as tenants and owners hope to offer this new entry on the market to adjust their expectations.
      • While some owners prefer to keep their units empty rather than abandon asking rents It is expected that several of them might be willing to reduce their expectations in the coming months and, therefore, rents will drop further during the next quarter.
      • Al Ain has virtually no office space built for this purpose and, therefore, the market follows closely the trends of the market residential units can be easily converted from one job to another.
      • office rental facilities declined by about 5% over the previous quarter, while leasing activity was low during the period, once In addition, as tenants and owners expect new supply to enter the market.
      • Provision for creating new benchmarks of key market
      • The following table presents a summary of some recent residential projects completed or are in a state of imminent execution (in the next three months), located on the main island of Abu Dhabi. The rent indicated in the table are the rents last traded price. This new offering is a true test of the market and that is tender and the buildings are left in the coming months a clear picture will emerge and the main parameters of the pricing will be set at
        • This eliminates the right of a tenant before the continuation of the occupation. On November 9, 2010, after the expiration of the lease, the lessee of a right to left with automatic renewal of the notice of non-renewal was given (two months for residential, commercial three months) by both parties.
        • The tenant will have protection against expulsion only until November 9, 2010. Unless such date is extended, the new provisions apply automatically thereafter. Provided that the owner has given Notice of leave (under Article 20 (3)), the tenant can not remain in the property after the expiry of the period, except with the consent owner.
        • An exception to this rule is when the rent dispute committee decided to vacate the property before November 9, 2010, in which the rules of the tenant occupying the property can cause serious damage to the owner, but only when the tenant has used the property for at least two years.
        • Even in this sentence, the tenant will receive a maximum of six months to vacate the property.
        • Indeed, Article 20 will allow owners to remove tenants who pay low rents because of the CAP and former rent protection against provisions expulsion. The maximum rent of 5% remains unchanged, but the amendment in some measure to its weakening.
        • A "Committee Dispute Resolution for rent "has been established which is now affiliated with the Department of Abu Dhabi's judiciary, and is chaired by a judge. Therefore, the Rent Dispute Resolution Committee of Appeal and his arm is placed under the authority of the Ministry of Justice, with a third committee – the Committee of Appeal – Adding. For the first time the judges to settle disputes rent under the aegis of the Ministry of Justice, instead of people without legal status are appointed by the Executive Board.
        • This legal information is courtesy of Al Tamimi & Company. (For more information, visit www.tamimi.com

      Act No. 20 of 2006 concerning the relations between owners and tenants in the emirate of Abu Dhabi has been amended by Law in April 2010. The main characteristics of this amendment are as follows:

      Article 20

      Pages 24-33

      UAE United Arab residential Compare

      The following tables show the current rate Rental income (in AED'000) for apartments and the percentage change in rental rates for the three months for different units across Emirates

      Note that fields used to calculate the average rental rates in Abu Dhabi have been adjusted to better reflect the conditions market. The percentage change has not been included in a comparison of equals is not possible this quarter. Average is calculated using the average of 16 locations in Dubai.

      Updated UAE mortgage market

      Over the past three months, Most lenders have reduced their mortgage rates by 25 basis points or more, while mortgages more affordable than last year. Lenders are very focused on the complete evolution rather than those who are still under construction in Dubai, Abu Dhabi, but in favor of lenders leading developers and are willing to lend against "buildings under construction, as well as those who will be available soon. More banks are active borrowers, an offer which shall be evaluated the risk is very low between 60% and 85% of the value of the property. Interest rates ranging from 5.75% to 8.50% and most banks have moved EIBOR rate linked to their own base rates to reflect the actual cost of funds. Lenders are willing to take of "redemption" of other financial institutions for clients who have an existing mortgage and want to refinance to take advantage of special rates as low as 6.5%. In addition, some lenders may release the equity on the property so that funds can be used for personal needs and to improve cash flow.

      NOTE:
      1. (*) Above lenders reserve the right to change its production policy, rights and taxes, interest rates and other criteria to determine the credit risk at any time without notice.
      2. Banks cover typically developers on their lists success rates. John Charcol Middle East is an independent mortgage broker based in Dubai. For Questions or assistance with mortgages, the unit in contact with John Charcol Middle East sales JCME toll 800 (5263) or 971 (4) 341 7466 if calling from outside the UAE, or by email at mortgages@johncharcol.com

      Property Management LLC Astec

      With more than 25 years of experience in the Middle East, Astec Professional Services team brings a group of leading experts in the Gulf of real estate.

      Astec network of offices in Abu Dhabi, Al Ain, Dubai and Northern Emirates, Qatar, Bahrain and Jordan, not only provides a deep understanding local markets, but also allows us to execute instructions that can quickly apply significant resources to meet the needs of customers.

      Our broad experience among all sectors of the main property is based on sales, rental and teams investment in the transaction market and large amount of research that supports our decision.

      href = "http://www.asteco.com/misc/pdf/Q12010/Asteco_2010_Q1_AbuDhabi.pdf"> Download the pdf

  Apartments and villas

  Office Market sees little activity

  Project Scope

Abu Market Dhabi Office

Sale Price Villa