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- Record number of real estate transactions was registered in Abu Dhabi
Record number of real estate transactions was registered in Abu Dhabi in 2023
– According to the Department of Municipalities and Transport (DMT)
In 2023, compared to 2022:
- Total Transaction Value – $23.7 Billion
- Total Number of Transactions rose by 19.5%
- Sale Transactions Value rose by 159.5% – $16.6 Billion
Number of investors
– UAE Residents increased by 71% – 9,448
– Non-residents increased by 175% – 1,098
In February 2024, Ajman saw the major increase in golden residency property deals
– 102 transactions totaling $93 million.
According to the Ajman Real Estate Management Department, the total number of real estate transactions – 129, the amount – $195 million:
- Commercial – $155 Million
- Residential – $28 Million
- Industrial – $12 Million
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