ABU DHABI REAL ESTATE MARKET

ABU DHABI REAL ESTATE MARKET

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  • TOTAL SALES FOR 2022

ABU DHABI REAL ESTATE MARKET. TOTAL SALES FOR 2022

According to the Abu Dhabi's Department of Municipalities and Transport, 19,033 real estate transactions worth $21 billion were registered: 9,010 transactions – $6.4 billion in cash sales 10,023 transactions – $14.7 billion in mortgages Сompared to 2021: – Volume grew by 27.2% and value rose by 8.5% Areas with the highest transaction value:

  • 1. Yas Island – $1.1 billion
  • 2. Al Reem Island – $925.6 million
  • 3. Saadiyat Island – $843.9 million
  • 4. Al Shamkha – $571.7 million
  • 5. Zayed City – $272.2 million

In 2023, new projects were launched in Abu Dhabi:

– Townhouses and apartments in The Sustainable City – Apartments in Manarat Living – Villas in Fay Alreeman II

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