Abu Dhabi's real estate market continues to demonstrate remarkable growth, with transaction values exceeding AED 76 billion (USD 20.69 billion) in 2024. Data from the "Dry" platform, under the Abu Dhabi Real Estate Center, reveals a total of 24,100 property transactions, showcasing the sector's strength and its ability to attract investors. These activities encompass direct sales and mortgages, reflecting the vibrant and resilient nature of the market.

Sales transactions dominated the real estate landscape, contributing 58.3 percent of the total transaction value. These sales, amounting to AED 44.4 billion across 14,204 deals, highlight their pivotal role in driving market performance. The numbers point to growing investor interest and strong demand for properties within the emirate.

A closer look at the sales data shows a division between off-plan and ready property transactions. Off-plan sales led the segment, making up 62 percent of all sales transactions, with 8,815 deals worth AED 29.5 billion. This trend reflects investor confidence in upcoming developments and the long-term potential of Abu Dhabi’s real estate sector.

Meanwhile, ready property sales accounted for 38 percent of the sales activity, representing 5,389 transactions valued at AED 14.9 billion. These figures indicate balanced growth between immediate purchases of completed properties and investments in projects still under construction, offering a wide range of opportunities for investors in Abu Dhabi’s dynamic property market.

This upward trend underscores Abu Dhabi’s position as a hub for real estate investment, with a diverse portfolio of opportunities catering to both immediate and future-oriented buyers.

Original source: Value of real estate transactions in Abu Dhabi exceeds USD20.69 billion in 2024