Abu Dhabi real estate
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
$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28
