In January 2023, Abu Dhabi’s real estate sector recorded a total of 1,199 transactions, including sales and mortgages, with a combined value of 4.61 billion dirhams. According to the real estate transaction indicators from the DARI platform, which is managed by the Department of Municipalities and Transport, there were 487 property sales transactions amounting to 1.74 billion dirhams. Of these, seven transactions totaling 7.5 million dirhams occurred last week. Additionally, the total number of mortgage transactions reached 712, valued at 2.87 billion dirhams.
The DARI digital platform, launched by the Department of Municipalities and Transport in collaboration with the Advanced Real Estate Services Company (ADRES), has seen an increase in the number of projects listed. The platform now features 189 real estate projects, including 79 residential buildings, 44 land plots, 52 villas, and 14 mixed-use properties.
The Department of Municipalities and Transport anticipates further growth, driven by the introduction of new projects that are planned and executed to world-class standards. These developments are expected to create well-integrated communities with high-quality infrastructure, enhancing the overall quality of life in Abu Dhabi.
Abu Dhabi continues to maintain its position globally as a top investment destination in the real estate sector. The implementation of strategic measures aims to support the leadership’s vision for sustainable growth in the emirate’s real estate market.
The DARI platform aims to integrate real estate services into a single, unified system, offering a seamless and flexible experience for managing various real estate transactions. This initiative promotes investment attractiveness and transparency, contributing to the advancement of real estate services in Abu Dhabi.
