Life in the capital of United Arab Emirates, Abu Dhabi, is changing by the day. Taking a leaf out of neighbouring Dubaiâ€™s book, the emirate is on course to transforming itself to become one of the leading tourism and commercial hubs in the Middle East and North African region. For years, Abu Dhabi has been the industrial hub of the nation, housing industries ranging from oil refineries to cement manufacturing. Its port is already among the leading freight and cargo-handling facilities in the world and provides livelihood to thousands of expat and national workers.
But like authorities in Dubai, Abu Dhabi government has gradually started moving away from it oil dependence and continued nurturing its tourism, financial services and hospitality industries. The city also makes for an ideal nesting grounds for families, as it provides all the facilities of modern times but in a much more laid back environment compared to the fast-paced life of Dubai.
With the cityâ€™s prospects becoming brighter by the day, many expats are heading to the emirate to find their dream job and earn that enticing tax-free income. But the first issue any expat faces in a new city is finding a suitable accommodation. But you can wave your residential worries goodbye if you are heading to Abu Dhabi in search of greener pastures. With a little help from UAE real estate portal Bayut.com, we tell you the localities where you can rent a 1-bed apartment at the lowest rate.
POPULAR AFFORDABLE LOCALITIES
- Al Ghadeer
The area lies close to the capitalâ€™s border with Dubai and is rather closer to the glitzy Dubai than Abu Dhabi. The community is tucked away in a serene environment and is preferred by tenants who want the best of both Dubai and Abu Dhabi. Rents in the locality averaged AED 61,000 in the first half of 2016. The area is expected to become a residential hotspot in the near future thanks to its proximity to the site of Expo 2020.
The area is relatively closer to the city centre and is easily accessible by the main Abu Dhabi-Al Ain Road as well as the Sheikh Maktoum Bin Rashid Road. Itâ€™s a cosy residential locality that has quality schools, restaurants and supermarkets. The average price of a 1-bed unit apartment in Baniyas remained close to AED 77,000 in H1 2016.
- Khalifa City A
Khalifa City A is an ideal residential community laced with amenities and facilities. The populous area has a number of notes malls, schools and parks, making it an ideal place to raise children and live. On the entertainment side, the area is close to the iconic Ferrari World and famous beaches, making it all the more worthy of selection by prospective tenants. Apartments in Khalifa City A commanded average rent of AED 77,000 in H1 2016.
- Hamdan Street
The area lies close to the commercial hub of the capital, making it highly accessible from all sides. The Abu Dhabi beach and various recreational spots are close by, so are numerous parks, malls, schools and important government and private installations. The average rent for 1-bed units in the area were still a bargain at AED 78,000 in the first half of the year.
- Al Muroor
The bustling area is close to the Abu Dhabi National Mangrove Park, Zayed Sports City and various other recreational and leisure destinations, making it a fun place to spend time at. It is accessible through several main thoroughfares that make daily commute an easy affair. Rents for 1-bed units in the area during the first half of 2016 averaged AED 79,000.