Money & BusinessUAE

Abu Dhabi’s property market witnesses massive growth 

Abu Dhabi’s property market has shown strong growth in the first quarter of the year. Abu Dhabi’s real estate market recorded 3,304 transactions, reaching a value of Dhs11.3bn.

The department’s quarterly report revealed that the property transactions included the buying, selling and mortgages of all types of land, buildings and real estate.

The real estate trading index published by DMT showed that the emirate’s property sector recorded 1,722 real estate purchase and sale transactions worth Dhs4.35bn and 1,582 mortgage transactions worth Dhs6.9bn.


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