Tuesday, 02 January 2024 12:17 GMT

Abu Dhabi Property Transaction Value Climbs 76.1 Percent Arabian Post


Date:

(MENAFN- The Arabian Post) clearfix"> Abu Dhabi recorded AED171.26 billion in property transactions during the first nine months of 2026, an increase of 76.1 percent from a year earlier, the Abu Dhabi Real Estate Centre (ADREC) announced.

The regulator said 38,483 transactions were completed between January and September, up 32.8 percent from 28,977 deals worth AED97.19 billion during the corresponding period of 2025. Sales accounted for most of the increase, while mortgage activity and investment from overseas also expanded.

Property sales reached AED119.33 billion across 23,749 transactions, compared with AED58.20 billion from 15,910 deals a year earlier. Sales value increased 105 percent and the number of transactions rose 49.2 percent, making purchases the largest contributor to overall market growth.

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The Arabian Post

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