Abu Dhabi, Arabic Abu Dhabi, city and capital of Abu Dhabi emirate, one of the United Arab Emirates (formerly Trucial States, or Trucial Oman), and the national capital of that federation. The city occupies most of a small triangular island of the same name, just off the Persian Gulf coast and connected to the mainland by a short bridge. Abu Dhabi was formerly an undeveloped town of only local importance, but the emirate’s oil revenues enabled it to evolve into a modern city with a fully developed infrastructure. The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country. As of 2021, Abu Dhabi’s urban area had an estimated population of 1.5 million, out of 2.9 million in the emirate of Abu Dhabi, as of 2016. The Abu Dhabi Investment Authority is headquartered in the city, and was the world’s 5th largest sovereign wealth fund in 2021. Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various sovereign wealth funds headquartered there.
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