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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.

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