New real estate companies who stepped into the real estate sector within this decade have displayed a remarkable growth and transformed infrastructures in Abu Dhabi. Market data shows, the new real estate companies in Abu Dhabi have contributed a collective project value of AED 40 billion from 2020 to 2024.
The projecting success of these real estate companies in Abu Dhabi is supported by the streamlined framework provided by the government. This clearly shows the potential of new firms gaining more ground in the market because of the growing population and regardless of the existing big companies and their influence.
Before moving forward, if you’re a real estate professional, explore our list of the biggest real estate companies in Dubai and get insights about the prominent ones in the market.
List of top new real estate companies in Abu Dhabi
Here’s the list of Abu Dhabi’s emerging real estate firms who prove success in their projects and showing strong presence in the market.
# | Company Name | Website | Established Year | Full Address | Key Projects |
---|---|---|---|---|---|
1 | Radiant Real Estate | radiantrealestate.ae | 2022 | Al Sahel Towers, Al Bateen, Abu Dhabi | Radiant Marina Towers, Radiant Square |
2 | Baraka Real Estate | barakadevelopment.ae | 2021 | Baraka HQ, Abu Dhabi | The Bay Residence |
3 | Advanced Properties | advancedproperties-uae.com | 2021 | Business Avenue Tower, Salam Street, Abu Dhabi | Mayyas at the Bay, The Icon Tower |
4 | The Capital Avenue | thecapitalavenue.com | 2021 | Al Sahel Towers, Abu Dhabi | Various luxury listings |
5 | NAS Luxury | nasluxury.com | 2020 | Al-Nahyan Camp, Abu Dhabi | Provide comprehensive property services |
6 | SAAS Properties | saasproperties.com | 2019 | One Reem Island Building, Al Reem Island, Shams, Abu Dhabi | One Reem Island, Reem Five |
7 | Provis | provis.ae | 2019 | Yas Mall, Yas Island, Abu Dhabi | Mixed-use developments |
8 | Ethmar International Holding | eihuae.com | 2019 | Silver Wave Tower, Mina Road, Abu Dhabi | Sea La Vie Residence, LAMAR Residence |
9 | SIADAH Development | siadah.com | 2018 | Sky Tower, Al Reem Island, Abu Dhabi | Al Mahra Residence |
10 | Sustainable Homes | sustainablehomesuae.com | 2018 | Bin Hamoodah Tower, Al Ma'arid, Abu Dhabi | Various luxury listings |
An overview of the top 5 new real estate companies in Abu Dhabi
Radiant Real Estate
Website: radiantrealestate.ae
Headquarters: Al Bateen, Abu Dhabi
Established Year: 2022
Key Person: Khaldoun Mohamed Saleh, CEO
Core Services: Real estate brokerage
Baraka Real Estate
Website: barakadevelopment.ae
Headquarters: Al Rahah, Abu Dhabi
Established Year: 2021
Key Person: Husam Mohamed Alameri, General Manager
Core Services: Residential property development
Advanced Properties
Website: advancedproperties-uae.com
Headquarters: Salam Street, Abu Dhabi
Established Year: 2021
Key Person: Joseph Bejjani, CEO
Core Services: Residential property development
The Capital Avenue
Website: thecapitalavenue.com
Headquarters: Abu Dhabi
Established Year: 2021
Key Person: Rachad Fouad, CEO & Managing Director
Core Services: Real estate brokerage & Off-Plan Property
NAS Luxury
Website: nasluxury.com
Headquarters: Abu Dhabi
Established Year: 2020
Key Person: Ayman Saadieh, CEO & Founder
Core Services: Real estate brokerage
Features of Abu Dhabi’s real estate market: Optimal conditions for new real estate firms
Now we’ll look at the main factors that helps new companies to thrive in Abu Dhabi’s real estate market.
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Investment environment
The price of properties in Abu Dhabi shows competitive pricing compared to Dubai, which makes investors and individuals shift focus to Abu Dhabi’s market. With higher rental yields from 7-8% in prime locations, the demand for properties increases just like the sales of properties. Finally, the free zone benefits serve as a major attraction for foreign investors to invest in this market.
Regulatory framework
Focusing on optimal policies for every prospect, the Emirates government has provided enhanced investor protection laws, allowing investors to create a better market without negative impacts on their businesses. Transparent property registration and dispute resolution mechanisms support each other to build a market with minimal negative impacts.
Financial support
Many supportive schemes for buyers and residents have been provided to increase the overall improvement of the sector and people as well. Such reforms include competitive mortgage rates, Islamic financing options, flexible payment plans for developers, and government-supported housing loans for nationals.
Market demand drivers
Abu Dhabi experiences higher rates of expatriates seeking work, education, and tourism, and demand for residential sites and properties is increasing day by day. Increasing tourism opens up more opportunities, which eventually contribute to growth. With enough money-making opportunities, this market attracts a variety of investors.
Market gaps and opportunities
One of the areas requiring attention is the undersupply of mid-market housing, which is gradually gaining attention from new real estate companies. This can lead to a progressive stage of residential property development. Enhance your growth opportunities with our real estate growth platform by handling different business needs and improving efficiency.
Another opportunity to look into is the demand for student housing near educational institutions, which can bring in a large group of students, significantly increasing property demand.
Population demographics
With Abu Dhabi’s young population demographics showing that most people are under 35, it creates perfect conditions for investments and growth opportunities. The growing professional workforce creates a demand for both residential and professional infrastructure properties, thereby increasing sales.
Business growth opportunities
Abu Dhabi’s real estate market has seen improvements in many of its area and foreseen future opportunities to grow, for instance the property market growth in Abu Dhabi with the transport and municipality departments has shown 22% increase in real estate transaction (2023).
The new firms have contributed 35% of these total property transactions, this shows new companies have stepped into the market at the best time and are using every possible opportunity. Your business can achieve this kind of growth by integrating our real estate CRM platform and manage your needs from lead generation to property delivery under one roof.
The demand for properties has provided 5000 jobs in the real estate sector and brought in 40% foreign investments in the total property sales. This market space is estimated to launch project worth of AED 25 billion by the end of 2025.
Disclaimer: Retyn does not promote or support any of the companies or services mentioned in the list. The data presented is compiled through online and market research and does not reflect our priorities in any manner.