The Middle East is a thriving area filled with culture, amazing cuisines, and business enterprises. As one of the most populated areas in the world, both natives and foreigners find themselves in awe of the area’s unparalleled beauty, making it the perfect place to call home. While the real estate market has been fluctuating over the past few months, the Middle East still offers people a vast array of unique houses ranging from the heart of the city to the outskirts of town.
Based on price, safety, and socioeconomic status, there were three cities that outranked the rest: Abu Dhabi, Dubai, and Doha. Here’s how they compare:
- Abu Dhabi:
Abu Dhabi is the capital city of the United Arab Emirates, and is known for both its culture and thriving businesses. Not only does Abu Dhabi own nearly all of the country’s oil and gas, the United Arab Emirates as a whole owns nearly 9 percent of the world’s oil reserves and 5 percent of the world’s natural gas. Additionally, Abu Dhabi produces more than half of the country’s GDP in industries besides oil such as real estate and tourism. As such, Abu Dhabi is an industry leader with only an unemployment rate of 12 percent.
When it comes to culture and safety, Abu Dhabi is located on an island roughly 250 meters from the mainland. Although it is a smaller city, it is filled with amazing restaurants, shopping markets, outdoor activities, and is filled with natural looking, historical architecture. Abu Dhabi is a slightly more expensive place to live, but the city’s charm and low-crime makes the affluent lifestyle entirely worth it. Check out http://homesecurity911.com.
Dubai is actually the most populous area of the United Arab Emirates. With nearly 3.5 million in population, the dense city is a thriving metropolis located near the Indian Ocean. However, although the city is modern, it still manages to adhere to its traditional, historical roots, giving the area a magnetic quality.
Apart from business, Dubai is also known for its thriving social scene. For those who enjoy the nightlife, there are plenty of restaurants, bars, coffee shops, and clubs. Plus, there are plenty of places to shop and gorgeous beaches to check out.
As the capital of Qatar, Doha houses more than 1.7 million people, which is nearly 80 percent of Qatar’s total population. As it is the largest city and most populous city of Qatar, Doha serves as the economic hub as well as the seat of government.
Doha’s economy is fueled mostly by its large oil and gas reserves; however, the government is working to grow Doha’s economy away from oil dependence in order to expand its markets. Because of the city’s growth, Doha’s real estate market has grown exponentially as well as both the construction market and retail market.
All of these cities’ unique charms in combination with their economic success make them a viable option for prospective buyers.
Image Source: www.shutterstock.com