ADREC records AED 25.3bln inreal estate transactions, marking a 34.5% growth
Abu Dhabi: The Abu Dhabi Real Estate Centre, an affiliate of the Department of Municipalities and Transport – Abu Dhabi, has announced a significant increase in property transactions across the Emirate during the first quarter of 2025. The Centre reported the total transaction value grew by 34.5% to AED 25.3 billion across 6,896 deals, a 34.5% increase compared to AED 18.82 billion from 5,773 transactions in the same period of 2024.
Buy and Sell transactions surged to AED 15.51 billion through 3,819 transactions, reflecting a 26.7% increase in value and an 11% increase in volume compared to the first quarter of 2024. Mortgage transactions also recorded strong growth, reaching AED 9.8 billion through 3,077 transactions — a 49% year-on-year increase.
Saadiyat Island was the leading area for real estate transactions, recording deals amounting to AED 5.6 billion. It was followed by Yas Island, with AED 3.6 billion, and Mohammed Bin Zayed City, with AED 2.1 billion. Al Reem Island and Al Hudayriat Island recorded over AED 1 billion in transactions.
The report highlighted continued activity in Foreign Direct Investment (FDI), with 384 transactions valued at AED 1.582 billion concluded by investors from 68 nationalities — up from 58 nationalities during the same period last year. This demonstrates growing confidence in Abu Dhabi's real estate market, driven by regulatory policies and government initiatives that enhance its local and global appeal.
Engineer Rashed Al Omaira, Acting Director General of ADREC, said: "ADREC continues to advance a more efficient, competitive, and sustainable real estate ecosystem, driven by digital transformation, reliable data, and continuous collaboration with strategic partners. These results highlight the strength of Abu Dhabi's property market and its enduring attractiveness as a regional and international hub for real estate investment. The notable growth in transaction value and volume, alongside the rise in foreign investment, underscores the effectiveness of our regulatory frameworks and reinforces investor confidence in the market."
He added: "We will continue to enhance our legislative and digital tools and promote transparency to establish a more flexible and sustainable real estate environment aligned with Abu Dhabi's long-term vision."
About The Abu Dhabi Real Estate Centre (ADREC)
The Abu Dhabi Real Estate Centre (ADREC), launched by the Department of Municipalities and Transport in November 2023, aims to enhance Abu Dhabi's position as a global real estate hub and increase the sector's contribution to the non-oil economy. ADREC leads a significant transformation in Abu Dhabi's real estate sector, centred around four key pillars: Real Estate Strategy, Real Estate Promotion, Real Estate Regulation, and Real Estate Transactions Management.
ADREC's focus is on advancing the sector's ecosystem while giving priority to the well-being of tenants, homeowners, developers, and investors. This involves streamlining processes and enhance regulatory frameworks, while utilising advanced technologies to provide sustainable and seamless services.
Collaborating closely with all stakeholders, the centre aims to elevate development standards and overall liveability in Abu Dhabi.
Moreover, ADREC focuses on innovation, exploring groundbreaking technologies. This comprehensive approach highlights ADREC's commitment to transparency, innovation, and collaboration, positioning Abu Dhabi as an attractive global destination.
For media inquiries, please contact:
Amer Rashed Albedwawi
Email: amer.albedwawi@dmt.gov.ae
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Etihad
6 hours ago
- Al Etihad
EMSTEEL transforms steel waste into cement in pioneering sustainability project
4 June 2025 23:32 SARA ALZAABI (ABU DHABI)In a regional first, Abu Dhabi-based manufacturer EMSTEEL has converted steel waste into low-carbon cement through a large-scale project, setting new standards for circular economy practices in the industrial marks the pioneering milestone in time for World Environment Day, which is observed on June 5 every to Aletihad, Eng. Saeed Ghumran Al Remeithi, Group CEO EMSTEEL, expressed pride in their team's successful recycling of steel slag, a byproduct of steel-making, into 10,000 tonnes of cement."This initiative is not only technologically significant but also sets a new benchmark for how industrial by-products can be transformed into valuable resources. It affirms the feasibility of industrial circularity and positions us at the forefront of sustainable innovation in heavy industry," Al Remeithi achievement, he added, is a significant step toward EMSTEEL's 2030 climate goals: a 40% absolute greenhouse gas reduction from its steel division and a 30% reduction from its cement division."By incorporating steel slag at scale as a raw material for clinker and cement production, we are reinforcing our commitment to sustainability and creating a practical model for circular industrial operations," the group CEO pilot project also serves as a distinctive example of how the integration of steel and cement operations enhances efficiency while advancing sustainability operations across steel and cement sectors allows companies to innovate, capture emissions reduction, and unlock hidden value at scale, Al Remeithi said."EMSTEEL's model exemplifies how vertical integration can serve as a blueprint for other industrial players seeking to decarbonise while maintaining profitability. It is a strong signal that the future of heavy industry lies in collaboration, resource efficiency, and smart, circular design," he said. Climate GoalsThrough its latest circular economy project, EMSTEEL reaffirms its commitment to supporting the UAE's climate ambitions. "We are dedicated to driving industrial decarbonisation in line with the UAE's goal of a 27% reduction in industrial emissions by 2035 from 2019 levels,"Al Remeithi said. "The group has already made substantial progress in reducing Scope 1 and Scope 2 emissions, as well as emissions intensity between 2019 and 2023. As of 2023, our total Scope 1 and 2 emissions stood at 4.5 million tonnes of carbon dioxide - 23% below the baseline year of 2019. We are also on track to fully power our operations with clean and renewable energy by 2030." Source: Aletihad - Abu Dhabi
Khaleej Times
7 hours ago
- Khaleej Times
Reportage Group partners with Forbes Middle East at the Building the Future summit
Reportage Group partnered with Forbes Middle East for the Building the Future summit, held in Abu Dhabi. This gathering brought together the region's top government figures, industry leaders, and changemakers to explore how innovation, sustainability, and purpose-driven strategies are shaping the cities and economies of tomorrow. Among the speakers were Mohamed Ali Al Shorafa, the Chairman of the Department of Municipalities and Transport, Eng. Maysarah Mahmoud Eid, the Director General of ADPIC, and top executives from some of the region's most influential entities. The event served as a high-level platform for discussing the future of development, infrastructure, technology, and investment in the Middle East. A major highlight of the summit was a fireside chat with Andrea Nucera, CEO and Managing Director of Reportage Group, who shared bold insights on reshaping real estate through purposeful development. Nucera highlighted several key milestones in Reportage's journey, including surpassing $1.5 billion in sales by 2025, a testament to the Group's strategic growth and expanding footprint. But the conversation quickly moved beyond figures. He emphasized that sustainability is not just about the environment, it's also about social sustainability. For Reportage Group, that means designing communities that are not only eco-conscious but also inclusive, accessible, and attuned to the needs of modern life. When asked, 'In markets that are rapidly evolving, how does Reportage provide accessibility, particularly in terms of pricing and location, for the new generation of buyers?'Nucera underscored the brand's mission to make homeownership attainable for everyone, not just the privileged few. Through flexible payment plans, and a strong presence in prime locations, Reportage is redefining the real estate landscape. It has become the only developer in the UAE challenging traditional norms by offering investment opportunities to all segments of society, especially younger buyers entering the market for the first time.
Sharjah 24
9 hours ago
- Sharjah 24
‘Pearl Quest' gives a platform for women in Sharjah via support
The competition provided an exclusive platform for eight exceptional female entrepreneurs to captivate a distinguished panel of judges and pitch their business ideas. In the hopes to secure funding and propel their ventures forward, three successful pitches emerged and The Grand Prize of AED 25,000 was awarded to 'Bulbul'; 'Creams Botanics' was named First Runner-Up and received AED 15,000; and 'House of Clay' secured the title of Second Runner-Up, also taking home AED 15,000. Their innovative concepts and compelling pitches truly embodied the spirit of the event. The event was attended by Sheikha Hind Bint Majid Al Qasimi, Chairperson of Sharjah Women's Business Council; Khalid Jasim Al Midfa, Chairman of the Sharjah Commerce and Tourism Development Authority (SCTDA); Maryam Bin Al Shaikh, Director of SBWC; Sara Abdelaziz Al Nuaimi, CEO of Sharjah Entrepreneurship Center (Sheraa); alongside other prominent figures, investors, and industry leaders. Collectively investing in Sharjah's future During her keynote speech, Maryam Bin Al Shaikh said, 'At SBWC, through the patronage and visionary guidance of Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, Wife of His Highness the Ruler of Sharjah; we understand that when women rise, economies flourish. Female-led businesses are mediums for social change, job creation, and innovation; and to empower you all is something we take with great pride and importance. Every entrepreneur participating in 'Pearl Quest' has shown exceptional promise, and their business concepts and acumen, refined through the SBWC Entrepreneurship Programme in partnership with Sheraa; will be shining examples of the value in collectively investing in our future.' Sharjah's thriving business ecosystem Grand Prize winner 'Bulbul' led by Alaa Mohamed El Gamal, empowers non-Arabs in the UAE to overcome language barriers and confidently integrate into the Arab world. Their innovative scenario-based speaking program targets expats, whether complete beginners or those struggling with spoken Arabic. Commenting on their win, El Gamal said, 'We are excited for the future, and I've learned a lot from other entrepreneurs during this experience. I'm very happy to have had this opportunity.' Through structured experiential learning rooted in real-life situations, live tutor sessions, and their AI-powered "Bulbul Friend" chatbot, Bulbul provides a comprehensive gateway to language and cultural discovery. First Runner-Up 'Creams Botanics' founded by Maysoon Al Shamsi is a sustainable Emirati wellness brand harnessing the natural power of date seed oil. Handmade in the UAE and inspired by the nation's landscape, flora, and scents, their premium range includes solid balms, soaps, and candles. Al Shamsi reflected on their achievement, saying, 'This has provided us with an invaluable opportunity to network with key supporters and proudly showcase our sustainable Emirati brand, rooted in UAE's natural heritage.' Designed for the eco-conscious consumer, Creams Botanics offers authentic, mindful self-care products deeply connected to local heritage and sustainability. Second Runner-Up 'House of Clay' managed by Madar Alsuwaidi, is an Emirati women-owned gallery and studio specializing in exclusive, elegant ceramics. They create both functional and decorative pieces, alongside sculptural artwork imbued with cultural significance. Speaking on their successful pitch Alsuwadi said, 'We are proud of what we have achieved so far and very happy to have taken part in this initiative from SBWC.' Catering to a discerning clientele including art collectors, interior designers, hospitality providers, and corporate partners, House of Clay showcases the unique artistry and craftsmanship emerging from Sharjah. Pearl Quest represented a significant investment in Sharjah's entrepreneurial future, and the finalists were shining examples from the rigorous SBWC Entrepreneurship Programme, delivered in partnership with Sheraa. Over the preceding month, this exclusive programme equipped numerous outstanding businesswomen from SBWC with critical skills, enhancing their fluency in branding, navigating legal frameworks, achieving investor readiness, and boosting economic proficiency. The Pearl Quest stage became the culmination of their journey, offering the ultimate practical environment to present refined business concepts to a discerning audience of investors, media representatives, and key members of the entrepreneurship community, all eager to witness the future of Sharjah's thriving business ecosystem. Strategic alignment and vital support For the competition, the entrepreneurs' pitches were evaluated by an expert judging panel featuring Mariam Mohammed Al Ali, Strategy and Corporate Excellence Office Manager at the Sharjah Chamber of Commerce & Industry; Hessa Abdalla, Programs Associate at Sheraa; Nasir Alowais, Project Support and Funding Department at Ruwad Establishment; and Rashed Sawaqed, Project Development Advisor at Ruwad Establishment. The success of the Pearl Quest competition was also amplified by the strategic alignment and support of key institutional partners. Expo Center Sharjah, Sharjah Chamber of Commerce & Industry (SCCI), and Sharjah Commerce & Tourism Development Authority (SCTDA) served as cornerstone sponsors, demonstrating a shared commitment to strengthening the entrepreneurial ecosystem in the Emirate. Sharjah Research Technology and Innovation Park (SRTIP) and Innovation Box provided additional support, reinforcing the infrastructure necessary to host Pearl Quest. The support of sponsors and partners underscores a unified vision for economic diversification and the important role women-led innovation has in driving sustainable growth.
