In Q3 2024, the mortgage market in Abu Dhabi saw a strong 20% growth, with 2,594 deals totaling AED 13.5 billion. For several years, this is the highest quarterly volume.
The real estate market in Abu Dhabi remained strong during this time, with a total of AED 22.7 billion in real estate transactions, according to Dari, a comprehensive digital platform created to support the city’s real estate industry. The emirate sold 3,161 real estate units for a total sales value of AED9.2 billion. This comprised 1,480 completed units at AED 4.1 billion and 1,681 off-plan units at AED 5.1 billion.
From the start of the year until the end of September, real estate transactions had a total value of AED 55.6 billion. This was made possible by approximately 18,000 sales and mortgage transactions involving a range of property types, totaling AED 25.1 billion in mortgages and AED 30.5 billion in sales.
10,440 real estate units—4,137 completed and 6,303 off-plan—were sold in the previous nine months. 7,559 mortgage transactions took place in total. Real estate transactions exceeded AED0.5 billion in value just last week, with sales of AED233.5 million and mortgages of AED366.3 million.
