Abu Dhabi records Dhs10.6 billion in realty deals in Jan

Abu Dhabi’s real estate market saw significant activity in January, with total transactions reaching approximately Dhs10.6 billion across 2,514 property deals, reflecting the continued positive momentum in the emirate’s property sector.

According to DARI real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totalled Dhs6.5 billion across 1,730 deals.

Meanwhile, mortgage transactions from the beginning of the year until the end of January amounted to Dhs3.9 billion across 756 deals, while usufruct transactions (long-term leasehold agreements) exceeded Dhs230 million across 28 properties.

Based on 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, totalling Dhs2.5 billion and 658 mortgage transactions were completed, amounting to Dhs3.6 billion.

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.

The UAE’s real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country’s economic growth.

The vibrant real estate markets across the emirates underscored the UAE’s status as a global hub for property investments and an attractive destination for high-net-worth individuals who play a vital role in stimulating market activity, particularly in luxury real estate.