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During the first half of 2024, Abu Dhabi recorded 12,439 real estate transaction activities with a value of AED36.2 billion

IHC continued to expand its balance sheet with a 37 percent rise in its total asset position to AED362.9 billion

Al Ain City also saw substantial growth, with a 77 percent rise in rental contracts reaching 4,819 in 2024

This represents a year-on-year surge of 333 percent

The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces

71 projects have already been completed in 2023

Transforming the region with accessible and sustainable living solutions

The extended growth is due to HNWIs' interest in luxury property investment in Dubai

The wider project, estimated at $2.53 billion, has been officially named Al Mizn Neighbourhood

According to Knight Frank, Dubai's prosperity has been fuelled by its transformation into a global commerce hub over the last 50 years

Transaction volumes in Abu Dhabi saw a 22.6 percent increase