OYO has already added 750 apartments across key destinations such as Khalifa, Al Zeina and Al Raha. This strategic move aligns with OYO's commitment to providing comfortable accommodation in premium properties for guests around the globe. Expats living in these units will access a wide range of services such as laundry, food, cleaning, transportation, groceries, discounted furnishings and white home appliances etc.
According to the 2023 Global Startup Ecosystem Report (GSER), from July 01, 2020, to December 31, 2022, Abu Dhabi created USD3.9 billion in ecosystem value representing a growth of 134 per cent from the previous period.
The surge in Abu Dhabi's startup ecosystem, coupled with enticing incentives like the Golden Visa program, has attracted over 25 prominent companies, including PolicyBazaar, DealShare, Momos, Raena, Hippo Video, Ultrahuman, India Gold, ClassPlus, Mensa, and Expand My Business. These enterprises have already opted for OYO's premium apartments as their go-to choice for accommodating their employees in the vibrant city.
The addition of 2000 apartments will significantly enhance OYO's existing presence in Abu Dhabi and enable the company to offer a broader range of options to expats seeking long-term stays. These apartments will be strategically located across key areas, including business districts such as Khalifa City, Al Zeina, Al Raha, Al Reem Island, Al Reef and Al Mushrif and popular tourist destinations that include Sheikh Zayed Grand Mosque, the Emirates Palace, Etihad Towers, Louvre, Ferrari World, Warner Bros World, Yas Waterworld and Sea World.
OYO's commitment to quality remains at the forefront of this expansion. Each apartment will be meticulously designed, furnished, and equipped with modern amenities to ensure a comfortable and hassle-free experience for guests. By providing a diverse range of accommodation choices, OYO aims to meet the varying needs and preferences of expatriates working primarily in the startup sector in Abu Dhabi.