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The Ministry of Municipal Affairs and Transport announced that Abu Dhabi’s real estate transaction report in the first half of 2021 reached 23.57 billion dirhams. The recorded value in the first half of the year included 7,046 land, building and unit real estate transactions, of which 3,425 transactions were valued at AED 9.02 billion, and AED 14.55 billion came from 3,621 mortgage transactions.
Al Reem Island ranked first in the first half of 2021 report, with total sales of 2.07 billion dirhams, followed by Yas Island with total sales of 1.61 billion dirhams, and Saadiyat with 1.36 billion dirhams Al Ham was in third place, followed by Khalifa City at AED 388 million, Al Raha Beach at AED 316 million, and sales balances in other areas of the Emirate of Abu Dhabi.
His Excellency Dr. Adeeb Al Afeefi, Executive Director of DMT’s Real Estate Division said: “Despite the recent changes in the global market, the Emirate’s real estate market has recorded significant growth this year. These results reflect DMT’s efforts to achieve our leaders’ vision of strengthening Abu Dhabi’s position as one of the world’s leading destinations for investment, living and stability, and building an integrated community with the best services and infrastructure will contribute to sustainable prosperity and promote the quality of life in the Emirate of Abu Dhabi.”
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