Abu Dhabi property transactions touch AED 58 billion


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.


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