Abu Dhabi’s real estate market saw significant activity in January, with total transactions reaching approximately AED10.6 billion ($2.89 billion) across 2,514 property deals, reflecting the continued positive momentum in the emirate’s property sector.
This strong market performance reinforces Abu Dhabi’s position as a premier investment destination, supported by its advanced infrastructure and high-quality real estate developments. The emirate continues to attract significant real estate investments thanks to its business-friendly environment and investor-centric regulations, making it an increasingly sought-after market for both local and international investors.
Sales transactions reach AED6.5 billion
According to DARI, the real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totaled AED6.5 billion across 1,730 deals. Meanwhile, mortgage transactions from the beginning of the year until the end of January amounted to AED3.9 billion across 756 deals.
Usufruct transactions, or long-term leasehold agreements, exceeded AED230 million across 28 properties.
According to the platform’s data, total property sales and mortgage transactions in Abu Dhabi reached approximately AED6.1 billion, spread across 1,379 transactions as 721 property sales were recorded, totaling AED2.5 billion, and 658 mortgage transactions were completed, amounting to AED3.6 billion.
Real estate transactions grow 24.2 percent in 2024
The Abu Dhabi Real Estate Center (ADREC) recently revealed that the sector saw a remarkable 125 percent annual increase in foreign direct investment (FDI), with the sector attracting over AED7.86 billion in 2024. Contributions came from 2,302 investors across 105 countries, including the United States, the United Kingdom, Kazakhstan, Russia, France and China.
Last year, Abu Dhabi’s real estate sector saw a 24.2 percent annual increase in transactions. The emirate’s real estate market continues to demonstrate resilience and diversity, positioning itself as a premier destination for global investors. With a focus on catering to varied preferences, the sector has expanded its portfolio with a comprehensive range of unit sizes and investment options.
This strategic approach resulted in 28,249 transactions in 2024, representing a 10.45 percent surge in total value, reaching AED96.2 billion. The sector recorded 16,735 sales transactions valued at AED58.5 billion and 11,514 mortgage transactions worth AED37.7 billion.
Read| Abu Dhabi real estate: Areas with the highest return on investment in 2024
Abu Dhabi launches 38 new real estate projects
In 2024, Abu Dhabi launched 38 new real estate projects for off-plan sales, alongside the completion of 12 major developments. These projects were strategically selected for their diverse offerings, innovative designs and affordability, appealing to a broad spectrum of investors.
Abu Dhabi’s off-plan real estate market has remained attractive, appealing to investors and homebuyers in the affordable and luxury segments.
In the affordable apartments segment, City of Lights on Al Reem Island, Al Reeman 1 in Al Shamkha and the eco-friendly Royal Park in Masdar City were the top picks for savvy investors in the affordable apartment category, according to Bayut’s Abu Dhabi Annual Property Market Reports for 2024. In the luxury segment, luxury apartment seekers have shown significant interest in Yas Bay on Yas Island, Saadiyat Island’s Cultural District, and the breathtaking Al Maryah Vista on Al Maryah Island.
Those looking for affordable villas last year preferred Reem Hills on Al Reem Island, Bloom Living in Zayed City and Al Reeman 2 in Al Shamkha, all offering favorable opportunities to own desired real estate at competitive price points. In the luxury segment, buyers chose the opulent Saadiyat Lagoons on Saadiyat Island and the magnificent Yas Acres on Yas Island the most.
