Real estate market results

REAL ESTATE MARKET RESULTS – ABU DHABI AND SHARJAH
Abu Dhabi. Results of Q3 2022

According to the Abu Dhabi's Department of Municipalities and Transport, 4,441 real estate transactions worth $5.73 billion were registered:

1,995 transactions – $1.47 billion in cash sales

2,446 transactions – $4.26 billion in mortgages

Areas with the highest transaction value:

  • Yas Island – $272.2 million
  • Saadiyat Island – $252.9 million
  • Al Shamkla – $174.5 million
Sharjah. Results from January to October 2022

According to the Sharjah Real Estate Registration Department, 38,902 real estate transactions worth $4.3 billion were registered.

Investors from 79 countries engaged in real estate transactions:

  • UAE and the Gulf Cooperation Council countries – $3.2 billion
  • Оther countries – $1.1 billion
10 new projects registered: residential, commercial and combined residential-commercial projects.