January 23, 2025

Abu Dhabi, UAE – Crompton Partners Estate Agents, a leading British real estate consultancy based in Abu Dhabi, has published its much-anticipated 2024 Abu Dhabi Secondary Market Transactions Report, offering a detailed analysis of key trends and performance across the capital's real estate hotspots. This comprehensive report, now available for download, is based on data sourced from Quanta.ae, ensuring unparalleled accuracy and insight into the city's thriving property market. It highlights significant movements in sales prices, turnover rates, and investment opportunities.

Key Findings from the Report
The report reveals substantial growth in several areas of Abu Dhabi, with Saadiyat Island leading in terms of price growth. Mamsha Al Saadiyat recorded the highest increase in average sales price per square metre at 58.8%, while the City of Lights on Al Reem Island experienced a decrease of 6.3%.

Noya, located on Yas Island, boasted the highest annual turnover rate at 16.7%, showcasing its popularity among buyers. Conversely, Al Reef Villas Phase 2 recorded the lowest turnover at 2.7%, indicating opportunities for long-term investments.

Al Reem Island stood out as the area with the highest number of transactions, with 1,352 units sold, amounting to 1.54 billion AED. Saadiyat Island, despite hosting the fewest transactions with 99 units, led in transaction value at 1.67 billion AED, demonstrating the premium nature of its properties.

Chart-Full Report of 2024 Transactions

Ben Crompton, Managing Partner of Crompton Partners Real Estate Agency, commented on the report, saying “Abu Dhabi's secondary property market continues to reflect the city’s resilience and appeal as a global destination for real estate investment. From the premium developments of Saadiyat Island to the high-demand communities of Yas Island, the diversity of opportunities here is unmatched. This report offers valuable insights for investors looking to navigate this dynamic market effectively.”

The report underscores Abu Dhabi's position as a prime location for real estate investment. The city's focus on sustainable developments and world-class infrastructure, coupled with increasing demand for premium and mid-tier properties, continues to attract investors from around the world.

For an in-depth analysis of Abu Dhabi's secondary real estate market, including detailed data on specific communities, visit here to download the report.

Crompton Partners Estate Agents

Tel: 024417780

Email: enquiries@cromptonpartners.com