Economy Local January 27, 2025

Abu Dhabi Real Estate Transactions Grow by Over 10%

The Abu Dhabi Real Estate Regulatory Agency has announced a growth of over 10% in real estate transactions for the year 2024, alongside rising market values.


Abu Dhabi Real Estate Transactions Grow by Over 10%

Meanwhile, Markus Higer, the Chief Operating Director of the Abu Dhabi Real Estate Centre, expressed confidence in the projected growth of the real estate market in the region in the coming years. According to him: "We are pleased to see such intrinsic growth in our sector. This indicates the stability and attractiveness of the real estate market in Abu Dhabi."

Higer also emphasized the importance of diversifying investments in real estate and their contribution to the region's economy. "We are observing sustainable growth both in the residential and commercial real estate segments. Our priority is to continue creating favorable conditions for the development of this important sector of the economy," he noted.

These positive forecasts turned out to be the result of strategic efforts and investments in the development of infrastructure and the residential sector as a whole.