Abu Dhabi’s mortgage market experienced a significant 20% growth in Q3 2024, with transactions amounting to Dh13.5 billion across 2,594 deals, marking the highest quarterly volume in recent years.
According to Dari, a digital platform dedicated to Abu Dhabi’s real estate sector, the emirate’s real estate market thrived during this period. Total real estate transactions reached Dh22.7 billion, including Dh9.2 billion in sales from 3,161 units. This comprised Dh4.1 billion from 1,480 completed units and Dh5.1 billion from 1,681 off-plan units.
From the start of the year until the end of September, the total value of real estate transactions was Dh55.6 billion, achieved through nearly 18,000 sales and mortgage transactions. This included Dh30.5 billion from sales and Dh25.1 billion from mortgages.
In the past nine months, 10,440 real estate units were sold, including 4,137 completed units and 6,303 off-plan units. The total number of mortgage transactions was 7,559.
Last week alone, real estate transactions exceeded Dh0.5 billion, with Dh233.5 million in sales and Dh366.3 million in mortgages.
