Search Site

Trends banner

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

Abu Dhabi real estate transactions reach $4.69bn in Jan, Feb 2025

The total value of usufruct transactions has exceeded AED229 million for 28 properties. (WAM)
  • Real estate sales transactions since the beginning of the year have totaled AED 9.8 billion across 2,676 transactions.
  • The total value of usufruct transactions has exceeded AED229 million for 28 properties.

Abu Dhabi, UAE — Real estate transactions in Abu Dhabi reached AED17.24 billion ($4.69 billion) in the first two months of 2025, with over 5,000 transactions, reflecting the sector’s strong activity.

According to the “DARI” platform of the Department of Municipalities and Transport in Abu Dhabi, real estate sales transactions since the beginning of the year have totaled AED 9.8 billion across 2,676 transactions, while mortgage transactions during the same period have reached AED 7.2 billion for 2,352 transactions.

Additionally, the total value of usufruct transactions has exceeded AED229 million for 28 properties.

Abu Dhabi continues to strengthen its stature as a leading and reliable real estate investment destination, driven by its diverse offerings and commitment to transparency in providing data to investors, which enhances the quality of real estate services in the emirate, according to a statement from the department.