Abu Dhabi Real Estate Market: 2024 Highlights

In 2024, Abu Dhabi’s real estate market showed moderate growth, recording transactions worth AED 47.92 billion ($13 billion). The total number of transactions reached 14,662, reflecting a 4% increase compared to the previous year, according to Property Finder data.

Key Figures:

– Total transactions: 14,662.
– Total transaction value: AED 47.92 billion ($13 billion).
– Residential property share:

66% of total transaction volume.
53% of total value (9,707 transactions worth AED 25.6 billion ($7 billion)).

Off-Plan Market: Leading the Way

– Off-plan market share: 55.5% of total transaction volume (5,385 transactions).
– Value of off-plan transactions: AED 16.34 billion ($4.4 billion), contributing 63.8% of the total residential sales value.

Ready Properties: Exceptional Growth

– Number of ready property transactions: 4,320, reflecting a 53.4% YoY growth.
– Value of ready property transactions: AED 9.27 billion ($2.5 billion), accounting for 44.5% of total sales value.
– Year-on-year value increase: 34.7%.

Why Invest in Abu Dhabi Real Estate?

– Consistent Growth: Annual increases in transaction volume and value demonstrate the market’s stability.
– Off-Plan Opportunities: A strong primary market offering high ROI potential.
– High Liquidity: Increasing demand for ready properties ensures long-term value.

SPI Dubai: Your Trusted Real Estate Partner

At SPI Dubai, we offer comprehensive services to help you invest in Abu Dhabi real estate.
Our services include:

– Tailored property selection to meet your investment goals.
– End-to-end transaction support.
– Expert advice on maximizing returns.

Contact us today to start your journey toward successful real estate investments in the UAE!