In 2024, the real estate sector in Abu Dhabi attracts historical levels of foreign investment.

The Abu Dhabi Real Estate Centre (ADREC) has reported a record influx of foreign direct investment into Abu Dhabi’s property market during the first quarter of 2024. Data reveals that 478 individual investors from countries including India, Russia, Canada, the UK, Jordan, and China invested AED 1.81 billion in Abu Dhabi real estate between January and March, marking a significant increase from the same period last year.

"The performance of Abu Dhabi’s real estate market in the first three months of the year underscores the sector’s increasing appeal to international investors. The robust growth on show offers encouraging signs for the remainder of 2024, and ADREC stands ready to provide seamless services and support to all stakeholders connected to Abu Dhabi’s globally competitive real estate sector," said Rashed Al Omaira, Acting Director General of the Abu Dhabi Real Estate Centre.

In total, real estate transactions in Abu Dhabi amounted to AED 19.4 billion in the first quarter, spanning 6,070 deals. Sales and purchases made up AED 12.8 billion across 3,724 transactions, representing 66 percent of the total volume, while mortgage transactions totaled AED 6.6 billion through 2,328 deals.