How did Abu Dhabi's property market do in 2024?

Steady growth, more buyers from abroad, and a wave of new launches.

The short answer

Deals were worth Dh96.2 billion in 2024, up more than 10% on 2023, across 28,249 transactions, up about 24%. Foreign direct investment more than doubled to Dh7.86 billion. 1, 2

Figures released 27 January 2025 1 min read
Dh96.2bnValue of all property dealsADREC, 2024
28,249Transactions, up about 24%ADREC, 2024
Dh7.86bnForeign direct investment, up 125%ADREC, 2024

What happened?

More deals at higher values, with sales making up about 60% of the total. 1

Value Transactions
Sales Dh58.5bn 16,735
Mortgages Dh37.7bn 11,514
Total Dh96.2bn 28,249

Who was buying?

More buyers from abroad. Foreign direct investment rose 125% to Dh7.86 billion, from 2,302 investors in 105 countries. 1

What was being built?

12 major developments were completed and 38 off-plan projects launched, including new homes on Saadiyat and Al Reem. 1 About 1,800 new homes were due on Yas, Saadiyat and Al Reem by early 2025. 1

What's the catch?

Read these before you sign anything.

1

The total includes mortgages.

Registered mortgages count towards the headline, so it isn't all new buying. Sales alone were Dh58.5 billion.

2

One strong year isn't a forecast.

Prices and deal volumes can fall as well as rise. See what 2025 did next.

3

Launches today are handovers later.

Projects launched in 2024 add to supply when they complete, which can hold back rents in those areas.

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