Abu Dhabi’s real estate transactions reach $4.32 billion in first quarter

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The emirate recorded real estate deals worth $4.32bn in Q1 2024. (WAM)
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  • The emirate logged 2,919 sales and purchases transactions in Q1 2024 totaling over AED 9.6 billion.
  • DARI data showed that Abu Dhabi recorded about 2,208 mortgage deals during Q1, with a total value of AED 6.3 billion.

Abu Dhabi, UAE — The value of real estate transactions in Abu Dhabi reached AED 15.9 billion ($4.32 billion) during the first quarter of 2024 (Q1 2024), recording 5,127 sales and mortgage transactions on various types of real estate units.

According to data from the DARI platform of the Department of Municipalities and Transport (DMT) in Abu Dhabi, the emirate logged 2,919 sales and purchases transactions in Q1 2024 totaling over AED 9.6 billion. This includes 1,167 ready-made real estate units and 1,752 off-plan units.

DARI data showed that Abu Dhabi recorded about 2,208 mortgage deals during Q1, with a total value of AED6.3 billion.

Meanwhile, the top three real estate transactions logged in Abu Dhabi during the past week, with Al Saadiyat Island and Yas Island topping the list of the largest transactions for Aldar Properties projects.

The total value of transactions on Yas Island amounted to AED23.5 million, while the one on Al Saadiyat Island totaled AED14.3 million.

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