Abu Dhabi real estate transactions exceed AED 23 billion

Wednesday, 29 September 2021 14:57

By ARN News Staff

Real estate transactions worth AED 23.57 billion were recorded in Abu Dhabi in the first half of 2021.

As many as 7,046 transactions were reported in total, which included sales as well as mortgages of land, buildings and real estate units of all kinds.

Al Reem Island (AED 2.07 billion), Yas Island (AED 1.61 billion) and Saadiyat Island (AED 1.36 billion) were the best-performing areas in terms of total sales value.

"The emirate's real estate market has recorded remarkable growth this year, despite the recent changes in the global markets," said Dr. Adeeb Al Afeefi, Executive Director of the Real Estate Sector at Abu Dhabi's Department of Municipalities and Transport (DMT).

#DMT indicates that the 2021 first half report for real estate transactions in Abu Dhabi has reached AED 23.57 billion. These results reflect DMT's efforts to deliver on our leaders' vision of strengthening Abu Dhabi's position as one of the world's leading destinations pic.twitter.com/3FC7k7mJI4
— دائرة البلديات والنقل (@AbuDhabiDMT) September 29, 2021

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