Arcapita has announced its first investment in Abu Dhabi, acquiring a luxury residential complex under a three-year master lease with the Tourism Development & Investment Company, capitalizing on the region's growth potential in the real estate sector.

Target Information

The residential complex comprises three low-rise buildings situated within a gated community. Currently, it is under a three-year master lease with the Tourism Development & Investment Company (TDIC). Developed in 2013 by TDIC, the complex features 285 apartments ranging from one to three bedrooms, designed to promote a close-knit community atmosphere while offering high-end facilities and amenities.

Industry Overview in the UAE

The real estate market in the United Arab Emirates, particularly in Abu Dhabi, presents a unique investment landscape characterized by steady economic growth and substantial government-led developments. The region has witnessed considerable infrastructural improvements and an influx of expatriates, driving demand for high-quality residential properties. Factors such as limited supply of luxury residential units coupled with the growing population further support the sector's growth potential.

Abu Dhabi's strategic initiatives, including Vision 2030, aim to diversify the economy and enhance the quality of life for residents, making it an attractive location for real estate developme