Property investment: Abu Dhabi real estate market sees significant buzz in Q2 – ZAWYA

  • Date: 02-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Property investment: Abu Dhabi real estate market sees significant buzz in Q2 – ZAWYA

Property investment: Abu Dhabi real estate market sees significant buzz in Q2  | ZAWYA MENA Edition HomeBusinessReal EstateArticleProperty investment: Abu Dhabi real estate market sees significant buzz in Q2  Transaction value, sales leads and mortgage applications surged    Image used for illustrative purpose. Dubai Marina Urban Skyline.The Abu Dhabi property market has seen a significant buzz in activity in second quarter of the year, with investors looking to buy more spacious properties as the emirate eased movement restrictions imposed to curb the coronavirus."I have seen a significant increase in activity and there seems to be a real buzz in the Abu Dhabi market as we exit lockdown,“ Thomas McLaughlin, Senior Mortgage Consultant at Mortgage Finder said at a webinar organized by real estate insights platform, Property Finder.McLaughlin noted a 34 percent increase in agent and client referrals in Q2 compared to Q1. Transaction value has also surged as people are now looking at villas, bigger properties and more space."I have seen a significant increase in activity and there seems to be a real buzz in the Abu Dhabi market as we exit lockdown,“ Thomas McLaughlin, Senior Mortgage Consultant at Mortgage Finder said at a webinar organized by real estate insights