Do you want to set up a new business in Abu Dhabi? Or, are you planning to expand your existing business into the capital of the UAE? If so, finding the right commercial property in Abu Dhabi is the first step. Being the central point for global commerce and trade, the city attracts international businesses every year. However, to ensure optimum success, selecting the apt location is vital. In this article, you will explore the best areas to invest in commercial property in Abu Dhabi. Let’s dive in!
Reasons to Set Up Business in Abu Dhabi
- Easy Accessibility
The proximity of Abu Dhabi to neighboring countries makes it an ideal destination for international business activities. It allows you to easily reach almost half of the global population within just 8 hours. Moreover, the excellent connectivity and well-developed network supports business of all sizes.
- Government Support and Incentives
The federal and local governments have come up with several initiatives and programs to encourage foreign investment. It includes tax benefits, the development of special economic zones, the availability of setup zones, and visa exemptions. Moreover, the government also offers resources like mentorship opportunities, capital investments, and access to the latest technologies to support businesses in Abu Dhabi.
- Tax Benefits
As per the new corporate tax regime of the UAE, startups and small businesses do not have to pay any tax. As a result, you can solely focus on your business and its expansion without worrying about taxes.
Top Areas for Commercial Property Investment in Abu Dhabi
- Al Raha Beach
Situated in the northern part of Abu Dhabi, Al Raha Beach is a convenient location for businesses. The strategic location, advanced infrastructures, and luxurious amenities make it a highly sought-after destination among investors. Al Raha Beach offers easy access to major business centers, shopping complexes, and more. So, establishing your business in this location can enable you to easily reach out to more customers and attract higher foot traffic.
- Al Ain
Al Ain, the Garden City of UAE, is well-known for its boundless greenery and stunning landscapes. The location, easy access to diverse markets, and rapid economic growth make the city a top choice among entrepreneurs for setting up their businesses. Moreover, it has business-friendly regulations and policies, thereby enabling you to establish your ventures in a hassle-free manner.
How to Find the Best Areas for Commercial Property Investment in Abu Dhabi
- Know Your Business
The first thing you need to do is determine the type of business you want to establish in Abu Dhabi. Decide whether you are planning to start a retail company, a tech startup, or more. Having a clear idea of your business will make it easier for you to find the best areas to invest in.
- Understand the Business Laws
Explore the business laws and regulations of different areas in Abu Dhabi. Choose a location that has a simple process for setting up a business. It can save you time and enable you to start early.
- Partner with the Experts
If you are not well-versed in the dynamics of the city, it is best to work with the professionals. As they know the commercial real estate sector inside out, they can understand your needs and help you discover the best areas.
Conclusion
Starting a business in Abu Dhabi is indeed profitable. However, the choice of area matters a lot. Are you looking for a commercial property in Abu Dhabi? Talk to professional experts, share your needs, and choose the best options.