The overall value of real estate transactions in Abu Dhabi reached AED 58 billion last year.
According to the department of municipalities and transport, there were 19,000 dealings in total, involving sales and mortgages of land, buildings and residential units.
Attractive payment plans and offers from developers are some of the key factors behind the growing numbers.
Al Reem Island topped the list of areas with the most number of transactions, followed by Yas Island, Al Reef and Al Shamkha.
Dubai Free Zones Council reviews efforts to boost investor experience
The Dubai Free Zones Council, chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, held its 33rd meeting to discuss key priorities aimed at boosting Dubai’s business environment.
ADFD finances project to enhance water security in Mauritania
Abu Dhabi Fund for Development (ADFD) has contributed to a strategic project that will supply the city of Kiffa and the surrounding region in Mauritania with potable water.
Waymo to update software after power outage snarls self-driving vehicles
Alphabet unit Waymo has announced on Tuesday that it will update software used to operate its self-driving vehicles and improve its emergency response protocols after its robotaxis stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic.
Masdar to develop Southeast Asia’s largest floating solar plant
Abu Dhabi Future Energy Company – Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt floating solar photovoltaic project at the Chereh Dam in Pahang State.
New York Times reporter sues Google, xAI, OpenAI over chatbot training
An investigative reporter and author has sued Elon Musk's xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence systems.
10:00am - 11:00am
Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.
11:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
