Abu Dhabi records Dhs11.5bn real estate transactions in Q1 2021
- Date: 04-May-2021
- Source: Gulf Business
- Sector:Real Estate
- Country:UAE
Abu Dhabi records Dhs11.5bn real estate transactions in Q1 2021
Real estate transactions within the emirate of of Abu Dhabi in the first three months of 2021 amounted to Dhs11.5bn.
The figures released by the Department of Municipalities and Transport – Abu Dhabi stated that the transactions were carried out across approximately 3,847 buildings, lands parcels and unit deals. The value of mortgages exceeded Dhs6.5bn generated from 2,092 transactions.
Al Reem Island recorded the highest value in terms of total sales of around Dhs1.6bn, followed by Abu Dhabi Island with Dhs907m.
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