In July, the total value of real estate transactions in Abu Dhabi amounted to AED 3.34 billion, as reported by the DARI platform of the Abu Dhabi Department of Municipalities and Transport.
According to the platform, sales transactions were valued at AED 1.67 billion through 442 sales transactions, while mortgage transactions also reached AED 1.67 billion through 385 mortgage deals.
The platform noted that during the past week, transactions totaled AED 209.4 million through 67 sales and mortgage deals. Specifically, sales amounted to AED 104.7 million across 32 transactions, and mortgages reached AED 104.7 million through 35 transactions.
Abu Dhabi’s real estate market has been experiencing rapid growth in recent years, driven by strategic initiatives and projects undertaken by the department in collaboration with relevant authorities to facilitate investment in the sector.
The DARI platform aims to unify real estate services in Abu Dhabi, offering a comprehensive and advanced real estate service experience that enhances investment appeal and ensures transparency in data provision.
It offers a range of services including property sales and leasing transactions, documentation, certificate issuance, and access to a directory of registered real estate projects and licensed professionals.
The platform also provides market indicators, including transaction values, mortgages, off-plan sales, and interactions with real estate brokers, as well as information on future investment opportunities in the emirate’s real estate market.
