In the initial month of 2024, Abu Dhabi's real estate market witnessed a remarkable surge, with transactions reaching an impressive $1.36 billion. A total of 1,386 sales and mortgages were recorded across diverse real estate units in the Emirate, contributing to a substantial AED 5 billion in total real estate transactions. Read this also : Bur Dubai Area Guide: Unveiling the Charms of Mainland...

In a recent report by ValuStrat, it has been revealed that the sales prices of office spaces in Abu Dhabi experienced a remarkable surge of 38.7% year over year during the fourth quarter of 2023. Simultaneously, asking rents witnessed a substantial increase of 13.3%. Read this also : Luxury Living in Dubai: Branded Residences Lead the Market with 100% Rental Premiums ValuStrat's comprehensive...

In a stellar performance, the real estate markets of Dubai and Abu Dhabi reached a combined value of $124 billion (455.7 billion AED) in 2023, breaking records and showcasing the resilience of the UAE property sector. These insights, revealed in a recent study by Property Finder, illuminate the dynamic growth trajectory that both cities experienced, driven notably by a robust off-plan market. Read this...