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Abu Dhabi saw real-estate transactions worth $19.47bn in 2021

The entire amount resulted from a total of a combined 14,958 sales and mortgage transactions. Creative Commons
By TRENDS Desk
February 18, 2022 11:28 am
  • Yas Island is said to have topped the list of best performing areas, with real-estate deals worth AED4.1 billion ($1.12 billion)
  • Reem Islands comes second with AED3.2 billion ($871.34 million), and Saadiyat was third with AED2.5 billion ($680.74 million)

Abu Dhabi has registered real-estate transactions worth AED71.5 billion ($19.47 billion) in 2021, according to a report by the Department of Municipalities and Transport (DMT) of Abu Dhabi.

This represents a combined 14,958 sales and mortgage transactions, according to the report.

Yas Island is said to have topped the list of best performing areas, with real-estate deals worth AED4.1 billion ($1.12 billion).

Reem Islands comes second with AED3.2 billion ($871.34 million).

In third position was Saadiyat, which saw real-estate deals worth AED2.5 billion ($680.74 million).

“The new results reflect Abu Dhabi’s sustainable real-estate development and ongoing attractiveness as a leading city for investment and living,” said Adeeb Alafeefi, Executive Director of DMT Real Estate Sector.

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