In the first two months of the current year, in Abu Dhabi's Emirates, real estate transactions were recorded for a total of 17.24 billion dirhams. There were over 5 thousand such transactions, reflecting the activity in the real estate market in the emirate.
According to the "Dari" platform, belonging to the Department of Municipalities and Transport of Abu Dhabi, the total volume of sales and purchases of real estate reached 9.8 billion dirhams through 2,676 transactions. The total sum of mortgage transactions during this period amounted to 7.2 billion dirhams through 2,352 transactions, while the total value of other transactions amounted to over 229 million dirhams through 28 properties.
According to statistics from the presented platform, the total volume of sales and mortgage transactions in the Emirates of Abu Dhabi was about 12.5 billion dirhams through the realization of 3,778 purchase transactions and the mortgage of various types of real estate.
Sales transactions in real estate composed 1,599 transactions totaling 5.8 billion dirhams. Out of these, 978 were transactions with ready housing totaling 3.6 billion dirhams, and 621 – with under-construction housing for 2.2 billion dirhams. Mortgage transactions reached 2,179 transactions with a total of 6.7 billion dirhams.
The emirate of Abu Dhabi continues to strengthen its position as one of the leading real estate hubs and the most reliable places for investment due to the diversity of offers and transparency of data available for investors. The developed infrastructure supports the development of various projects, creating a competitive business environment.
