Off-plan sales surge as investors eye long-term gains near the region’s first Disney theme park.
Miral
The Walt Disney Company has officially announced the development of Disneyland Abu Dhabi, its first theme park in the Middle East and seventh globally. Set to be located on Yas Island, a premier entertainment destination already home to attractions like Ferrari World and Warner Bros. World, the new park is poised to significantly impact the region's real estate landscape, according to Betterhomes.
Abu Dhabi’s property market has been on an upward trajectory, and the announcement of Disneyland’s arrival is expected to serve as a major accelerator. In April alone, the emirate recorded a 15.7% increase in transactions over March, reaching AED 2.9 billion in sales, Betterhomes noted in a report. Off-plan sales dominated, representing over 70% of the total, indicating significant investor interest in new and upcoming developments. This trend underscores growing investor appetite for new developments and future-forward communities.
Hotspots such as Yas Island, Saadiyat Island, and Al Jubail Island have already been commanding premium prices, with villas on Al Jubail selling for up to AED 10 million and leases reaching AED 400,000 annually. These areas are now poised for even greater demand as both end-users and investors seek proximity to what is set to become one of the world’s most iconic leisure destinations, wrote Betterhomes.
Abu Dhabi’s leasing market is also showing strong momentum, with over 18,000 rental transactions in April totalling AED 1.3 billion. Two-thirds of these were new contracts, reflecting a dynamic and growing population. Disneyland is expected to amplify this activity further, as professionals relocating to work in and around the park fuel demand for both short- and long-term rentals.
“Disneyland will be a game-changer for Abu Dhabi’s property landscape. We predict increased property demand on Yas Island and nearby areas, with buyers seeking high-quality, future-oriented homes, exactly what development like Opula has to offer, given its closeness to a major future attraction," said Nada Jaouhar, Abu Dhabi Branch Director at Betterhomes.
The establishment of Disneyland Abu Dhabi aligns with the UAE's Vision 2030, which aims to diversify the economy and promote sustainable development. By bolstering the tourism sector, the project is set to contribute to job creation and stimulate ancillary industries, thereby reinforcing Abu Dhabi's position as a global investment hub.
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