The value of real estate transactions in the Department of Municipalities and Transport in Abu Dhabi during 2021 reached approximately 71.5 billion dirhams for real estate transactions, achieved through 14,958 transactions and including sales and mortgages of land, buildings, and real estate units of various types.

Results from the real estate transaction indices released by the Department showed that the real estate sector in Abu Dhabi recorded 7,262 property sales and purchases worth AED 18.2 billion, and 7,696 mortgage transactions worth AED 53.3 billion.

Yas Island topped the list of the most traded areas with a value of AED 4.1 billion, followed by Al Reem Island in second place with transactions worth AED 3.2 billion, Saadiyat Island in third place with AED 2.5 billion, and the Al Jarf project – Forest Belt project in fourth place with a value of AED 1.1 billion, and Khalifa City in fifth place with a value of AED 915 million.

Dr. Adib Al-Afifi, Executive Director of the Real Estate Sector at the Department of Municipalities and Transport, to the continued sustainable growth in Abu Dhabi’s real estate markets, explaining that the emirate recorded positive real estate transaction indicators over the past year, reflecting investors’ growing confidence in our real estate sector. Through our future plans, we look forward to providing more distinctive and innovative services, in addition to providing periodic data and information that undoubtedly bolsters confidence and enhances the appeal of Abu Dhabi’s real estate market.