OYO, the renowned hospitality and technology company, has unveiled its ambitious plans to augment the real estate landscape in Abu Dhabi. With an aim to cater to the surging demand for expat accommodation in the capital, OYO is set to add over 2,000 fully furnished and managed homes, providing long-term rental spaces.
The new ready-to-move-in apartments will come equipped with top-notch furnishings, ensuring a comfortable and hassle-free living experience for residents. OYO’s meticulous management services will guarantee seamless living, including access to amenities such as laundry, cleaning, transportation, groceries, home furnishings, and more.
Abu Dhabi’s real estate market has experienced a remarkable 134 percent growth, generating a staggering $3.9 billion in ecosystem value, as per a recent report. This substantial surge in demand can be attributed to various incentives, with the Golden Visa programme being the most prominent one.
Strategically situated in key areas like Khalifa City, Al Zeina, Al Raha, Al Reem Island, Al Reed, and Al Mushrif, the new OYO apartments offer unparalleled convenience and accessibility to essential services and amenities.
OYO’s visionary expansion plan in Abu Dhabi reflects its commitment to meeting the rising demands for expat housing in the capital. With fully furnished and managed homes in strategic locations, residents can look forward to a seamless and enriched living experience. The surge in ecosystem value further underscores the region’s growing real estate market, providing investors and residents with promising opportunities in the dynamic Abu Dhabi landscape.