Dubai Eye 103.8

On Air Now
The Agenda
10:00am - 1:00pm

Listen To Dubai Eye

AED 71.5 billion real estate transactions in Abu Dhabi in 2021

Friday, 18 February 2022 11:19

By ARN News Staff

Supplied

Abu Dhabi has recorded real estate transactions worth AED71.5 billion in the year 2021.

That's according to a report by the Department of Municipalities and Transport (DMT) - Abu Dhabi, which said it represented a combined 14,958 sales and mortgage transactions.

Yas Island topped the list of best performing areas with AED 4.1 billion in real estate deals, while Reem Islands came in second with AED3.2 billion and Saadiyat at third with AED2.5 billion.

The stats represent "Abu Dhabi’s sustainable real estate development and ongoing attractiveness as a leading city for investment and living" highlighted Dr Adeeb Alafeefi, Executive Director of DMT Real Estate Sector.

More from Business

Pakistan says deal made with US on tariffs

The US and Pakistan have struck a deal that will result in lower tariffs for the South Asian nation as well as an agreement in which Washington will help develop Islamabad's oil reserves, the two sides said.
UAE non-oil foreign trade marks 24% growth in H1: Sheikh Mohammed

UAE's non-oil foreign trade has achieved significant 24 per cent growth during the first half of 2025, announced His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Dubai International marks busiest half-year on record

Dubai International Airport (DXB) welcomed 46 million guests in the first six months of 2025, marking its busiest first half on record with a 2.3 per cent year-on-year growth.
Abu Dhabi invests AED 764.5 million in Oman tourism project

An Abu Dhabi investment project worth AED 764.5 million to strengthen tourism in Oman's Salalah has broken ground, with plans to construct a luxury resort and a marina, as the latter looks to diversify its economy.
UAE, South Korea companies sign deal to expand nuclear energy cooperation

The Emirates Nuclear Energy Company (ENEC) and South Korea-based Hyundai Engineering & Construction (Hyundai E&C) have signed an agreement to jointly explore international nuclear energy opportunities.

Coming Up on Dubai Eye

Afternoons with Helen Farmer
1:00pm - 4:00pm

Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.
The Debrief
4:00pm - 7:00pm

Join Dane on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.

BUSINESS BREAKFAST LATEST

UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USA
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
New iPhone Launch - Too Soon For Apple?
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?
Working From Home or Hardly Working?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?

On Dubai Eye

Is There Sufficient House Supply In UAE
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?
Noon's First Female Delivery Driver
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!