Completion of 3,876 Real Estate Settlements in Abu Dhabi at a Value of 1.9 Billion Dirhams in 2023

The Real Estate Disputes Settlement Center of the Abu Dhabi Real Estate Center – Department of Municipalities and Transport completed 3,876 disputes out of 4,079 during 2023, with a completion rate of 95%. This achievement came after real estate adjusters held 10,376 sessions during the year, while the total value of the cases that were settled reached 1.9 Billion Dirhams.

The percentage of real estate disputes that the Center succeeded in resolving amicably amounted to 28% of the total number of disputes completed, which reflects the keenness to settle real estate disputes amicably using the latest methods of conciliation and reconciliation. Thus, the Center confirms its continued commitment to strengthening the process of settling real estate disputes, which is reflected in the growth of the real estate sector in the emirate.

Rashid Al Kaabi, Director of the Real Estate Disputes Settlement Center, said: “The Real Estate Disputes Settlement Center’s achievements in 2023 constitute tangible evidence of our firm commitment to excellence and our relentless pursuit of establishing the highest standards of justice and fairness in the real estate sector. With its focus on settling disputes amicably, the Center played a pivotal role in “Maintaining the safety and stability of the real estate market in Abu Dhabi, the Center continues its efforts to improve its services and adopt innovative methods for resolving disputes, which contributes to the growth and stability of the real estate market in Abu Dhabi.”

 

Share The News