The A-Z of Abu Dhabi Property, part two N-Z

See part one of the A-Z of Abu Dhabi Property

N: National Bank of Abu Dhabi and the Abu Dhabi Commercial Bank are two of the main providers of mortgages.
O: Oil wealth underpins the prosperity of Abu Dhabi which has one of the highest per capita incomes in the world, 10 per cent of global oil reserves and a $600-850bn accumulated investment fund.
P: P&T Architects and Engineers Ltd, a Hong Kong based international company employing over 900 staff around the world, have recently opened a new branch in Abu Dhabi to coincide with the award of a major project the First Abu Dhabi Shams on Reem Island.
Q: Al Qudra Real Estate's landmark project is Danet Abu Dhabi and promises to provide a new urban community in uptown Abu Dhabi.
R: Raha Beach is a $14bn project stretched over 10km of waterfront from the Abu Dhabi International Airport towards the city centre.
S: Sorouh Real Estate is one of the top two real estate developers responsible for the Shams Abu Dhabi project and the 83-storey Sky Tower, to be the tallest building in the city.
T: Tamweel and Amlak Finance are quoted Dubai Islamic home loan specialists that have set up operations in Abu Dhabi.
U: United Arab Emirates, the Switzerland or Singapore of the Middle East, of which Abu Dhabi is the capital city.
V: Very ambitious plans to catch up with neighbouring Dubai with total real estate commitments in excess of $100bn.
W: Waterfront Residence is a 57-storey tower at the focal point of the Shams Abu Dhabi, part of Al Reem Island and developed by Empire.
X: Extremely good value for money real estate reckoned to offer some of the world's best rental yields and therefore arguably undervalued in relation to more mature markets.
Y: Yas Island is a $40bn project centered on a Ferrari themed leisure park, and opposite the $14bn Al Raha Beach strip.
Z: Zaha Hadid Architects is designer of the Abu Dhabi Performing Arts Center - a new cultural institution for the Solomon R. Guggenheim Foundation on behalf of the Tourism Development and Investment Company of Abu Dhabi.

A-Z of Abu Dhabi Property, part one