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Abu Dhabi real estate is booming, with $18.4bn of transactions in nine months and 186% sales increase

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  • Abu Dhabi real estate is booming, with $18.4bn of transactions in nine months and 186% sales increase

Abu Dhabi real estate is booming, with $18.4bn of transactions in nine months and 186% sales increase

Abu Dhabi has witnessed a massive increase in the volume and value of real estate transactions in the first nine months of the year

abu dhabi real estate
Abu Dhabi has witnessed a massive increase in the volume and value of real estate transactions in the first nine months of the year

Abu Dhabi real estate has seen a massive increase, with a 186 per cent sales increase in the first nine months of the year, according to official figures.

Abu Dhabi Real Estate Centre (ADREC), an affiliate of the Department of Municipalities and Transport (DMT), has revealed a record-breaking total of AED67.76bn ($18.4bn) was recorded in real estate transactions in the first nine months of 2023. 

Source
Arabianbusiness.com

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