Areas & planning
Master Community
A master community is a large planned development with shared infrastructure and amenities governed by a single set of community rules.
A master community is a master-planned development, often spanning multiple buildings, villas, and phases, that shares roads, landscaping, retail, and amenities under a master developer and an owners'-association framework. Residents typically pay service charges toward the upkeep of these shared assets and must follow community regulations covering use and alterations. Examples in Abu Dhabi include large island and beach developments; the quality and cost of community management can materially affect both lifestyle and net yield.
Related terms
- Service Charge — A service charge is the recurring fee owners pay for the upkeep of shared areas and facilities in a building or community.
- Freehold Zone — A freehold zone is a designated area where expatriates can hold full freehold title, in Abu Dhabi typically within its investment zones.
- GFA / BUA — GFA and BUA measure a property's built area, with BUA (built-up area) covering the total constructed space including walls and shared allowances.
- Net Yield — Net yield is annual rental income minus operating costs, divided by the property's value, giving a truer measure of return than gross yield.