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Published on 01/13/2025

Abu Dhabi Real Estate Reach $13bn in Transactions in 2024

Residential and Off-Plan Markets Drive 4% Growth in Transaction Volume

Abu Dhabi's real estate market saw a 4% increase in transaction volume in 2024 with a total of 14,662 transactions valued at AED 47.92bn ($13bn). Residential properties made up 66% of transactions and 53% of total value with 9,707 sales worth AED 25.6bn ($7bn).

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The off-plan market performed strongly with 5,385 transactions accounting for 55.5% of total sales, totaling AED 16.34bn ($4.4bn). Existing properties saw a 53.4% rise in transactions with 4,320 deals valued at AED 9.27bn ($2.5bn), marking a 34.7% year-on-year increase.

Report highlighted the strong growth in Abu Dhabi's real estate anticipating continued momentum in 2025.