The value of real estate transactions in the Emirate of Abu Dhabi during the first quarter of this year amounted to about 15.9 Billion Dirhams, through the implementation of 5,127 sales and mortgage transactions on real estate units of various types.
According to the “Dari” platform of the Department of Municipalities and Transport in Abu-Dhabi, the total value of sales since the beginning of this year until today has reached more than 9.6 Billion Dirhams, through the implementation of 2,919 buying and selling transactions in the emirate, distributed by selling 1,167 ready-made real estate units and 1,752 off-plan.
Based on the platform’s data, the Emirate of Abu-Dhabi recorded about 2,208 real estate mortgages worth 6.3 Billion Dirhams during the first three months of 2024.
The platform noted the largest real estate transactions in Abu-Dhabi by value during the past week, as Saadiyat Island and Yas Island topped the list of the largest transactions for Aldar Properties projects in its various units, and the total value of transactions on Yas Island amounted to 23.5 Million Dirhams, while on Saadiyat Island it amounted to about 14.3 Million Dirhams. .
The Emirate of Abu-Dhabi is keen to support the growth of the real estate sector and enhance its contribution to the efforts of economic diversification and sustainable development in the emirate, and the relevant authorities continue to put forward initiatives and incentives that consolidate the role of this vital sector and enhance the investment climate in Abu-Dhabi.
The “Dari” platform aims to form a qualitative shift in the digital landscape of the real estate sector, in line with the UAE’s vision of promoting growth, competition and continued success in the long term.