Abu Dhabi
Real estate transactions in the Emirate of Abu Dhabi recorded a total value of 17.24 billion dirhams during the first two months of this year, through more than 5,000 real estate transactions, reflecting the notable activity in the real estate sector in the emirate.
According to the “Dari” platform, which is affiliated with the Department of Municipalities and Transport in Abu Dhabi, the value of real estate sales transactions reached 9.8 billion dirhams from the beginning of the year until today, covering 2,676 transactions. Meanwhile, the value of mortgage transactions during the same period amounted to 7.2 billion dirhams for 2,352 transactions, and the total value of usufruct transactions exceeded 229 million dirhams for 28 properties.
Based on statistics released by the platform, the total value of sales and mortgage transactions in the Emirate of Abu Dhabi reached approximately 12.5 billion dirhams, through the execution of 3,778 sales and mortgage transactions across various types of real estate units.
Real estate sales transactions recorded 1,599 sales valued at 5.8 billion dirhams, distributed as follows: 3.6 billion dirhams for ready properties with 978 sales transactions, and 2.2 billion dirhams for 621 off-plan properties. Meanwhile, mortgage transactions recorded 2,179 transactions valued at 6.7 billion dirhams.
The Emirate of Abu Dhabi continues to solidify its position as one of the leading and most reliable real estate investment destinations, thanks to the diversity of offerings and its commitment to transparency in providing data to investors, which contributes to enhancing the quality of real estate services in Abu Dhabi. This also reflects the momentum seen in the emirate’s advanced infrastructure, which supports the growth of various projects, thereby enhancing the competitive business environment.
