Latest news with #propertytransactions
Khaleej Times
a day ago
- Business
- Khaleej Times
Abu Dhabi records Dh51.7b in real estate transactions in H1 2025
The total value of real estate transactions in Abu Dhabi rose 39 per cent in the first half of 2025 compared to the same period in 2024, reaching Dh51.72 billion, up from Dh37.2 billion last year, according to data released by the Abu Dhabi Real Estate Centre (ADREC). The number of property transactions rose 12 per cent, reaching 14,167 deals, reflecting accelerated market activity underpinned by notable increases in sales, purchases, and mortgage transactions. Sales and purchases transactions grew 32 per cent in value, reaching Dh32.69 billion through 7,964 transactions, while mortgage transactions recorded a significant 52 per cent increase in value, amounting to Dh19.03 billion through 6,204 deals. The market's momentum is supported by streamlined regulations, digital services, and high-quality project launches, positioning Abu Dhabi as a premier destination for sustainable real estate investment. The first half of the year witnessed increased interest from international investors. Foreign Direct Investment (FDI) transactions reached 890, a 3.3 per cent increase in total value, amounting to Dh3.38 billion. The number of nationalities who invested grew to 85, up 10 per cent compared to the same period last year, underscoring the growing global confidence in Abu Dhabi's real estate sector. The market attracted strong interest from investors from major and emerging economies including Russia, China, the United Kingdom, France, Kazakhstan and the United States, which reflects Abu Dhabi's position as a global investment hub that combines economic stability with high-quality opportunities. In terms of transaction values by area, Saadiyat Island maintained its lead at more than Dh9.1 billion, followed by Yas Island at Dh5.86 billion, and Al Bahia at Dh3.98 billion. Other locations that recorded strong transactions included Mohammed Bin Zayed City, Al Reem Island, Al Riyadh City, and Khalifa City, highlighting the broad geographic spread of real estate activity across the emirate. Eng Rashed Al Omaira, Acting Director General of ADREC, said: 'The first-half performance reflects the growing confidence in Abu Dhabi's real estate market, from both global and national investors, reflected in the sustained growth in transaction values and continued increase in foreign investment. 'The recent launch of high-quality projects has further energised the market and opened doors to attractive investment opportunities, reinforcing Abu Dhabi's attractiveness as a leading destination for sustainable real estate investment. Additionally, the initiatives ADREC recently launched and the facilitations it offered, including automation of a large number of processes and services, had a pivotal role in reaching this achievement, through streamlining the investor's journey, accelerating transactions and enhancing transparency.' ADREC continues to advance its legislative framework and enhance the user experience in line with the emirate's economic ambitions, strengthening its regional and global competitiveness.
Zawya
2 days ago
- Business
- Zawya
Abu Dhabi Real Estate Centre records AED51.7bln+ in real estate transactions in H1 2025
Abu Dhabi – The Abu Dhabi real estate sector delivered outstanding performance in the first half of 2025, with the total real estate transaction value increasing by 39 per cent compared to the same period in 2024. The total value reached AED51.72 billion, up from AED37.2 billion last year, according to data released by the Abu Dhabi Real Estate Centre (ADREC). The number of property transactions increased by 12 per cent, reaching 14,167 deals, reflecting accelerated market activity underpinned by notable increases in sales, purchases, and mortgage transactions. Sales and purchases transactions grew 32 per cent in value, reaching AED32.69 billion through 7,964 transactions, while mortgage transactions recorded a significant 52 per cent increase in value, amounting to AED19.03 billion through 6,204 deals. The first half of the year witnessed increased interest from international investors. Foreign Direct Investment (FDI) transactions reached 890, a 3.3 per cent increase in total value, amounting to AED3.38 billion. The number of nationalities who invested grew to 85, up 10 per cent compared to the same period last year, underscoring the growing global confidence in Abu Dhabi's real estate sector. The market attracted strong interest from investors from major and emerging economies including Russia, China, the United Kingdom, France, Kazakhstan and the United States, which reflects Abu Dhabi's position as a global investment hub that combines economic stability with high-quality opportunities. In terms of transaction values by area, Saadiyat Island maintained its lead at more than AED9.1 billion, followed by Yas Island at AED5.86 billion, and Al Bahia at AED3.98 billion. Other locations that recorded strong transactions included Mohammed Bin Zayed City, Al Reem Island, Al Riyadh City, and Khalifa City, highlighting the broad geographic spread of real estate activity across the emirate. Eng Rashed Al Omaira, Acting Director General of ADREC, said: 'The first-half performance reflects the growing confidence in Abu Dhabi's real estate market, from both global and national investors, reflected in the sustained growth in transaction values and continued increase in foreign investment. 'The recent launch of high-quality projects has further energised the market and opened doors to attractive investment opportunities, reinforcing Abu Dhabi's attractiveness as a leading destination for sustainable real estate investment. Additionally, the initiatives ADREC recently launched and the facilitations it offered, including automation of a large number of processes and services, had a pivotal role in reaching this achievement, through streamlining the investor's journey, accelerating transactions and enhancing transparency.' ADREC continues to advance its legislative framework and enhance the user experience in line with the emirate's economic ambitions, strengthening its regional and global competitiveness. About The Abu Dhabi Real Estate Centre (ADREC) The Department of Municipalities and Transport (DMT) officially launched the Abu Dhabi Real Estate Centre (ADREC) in November 2023 to accelerate growth across the real estate ecosystem in the emirate. ADREC unifies and strengthens the real estate sector in Abu Dhabi through a comprehensive regulatory framework to further enhance the efficiency of real estate and strengthen oversight, as well as increase transparency and support for residents, investors, real estate companies and professionals. ADREC's strategy is centred around four key pillars: Real Estate Strategy, Real Estate Promotion, Real Estate Regulation, and Real Estate Transactions Management. For media inquiries, please contact: Heba Al-Haj | ADREC - Real Estate Promotion +971 50 933 6130
Emirates 24/7
2 days ago
- Business
- Emirates 24/7
Brokers cement their role in Dubai's real estate market, contributing to over 42,000 transactions
Dubai's real estate brokerage sector recorded a remarkable performance in the first half of this year, reaffirming the pivotal role of brokers in driving market dynamism and supporting sustainable growth in property transactions. Real estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding AED3.23 billion in H1 2025, compared to AED1.62 billion in the same period in 2024, achieving a growth of 99%. This increase in transaction volume is closely tied to the growing number of real estate brokers registered with the Dubai Land Department, which now stands at 29,577 brokers, including 6,714 new brokers who entered the sector in the first half of 2025. This momentum reflects the growing confidence in the profession and its rising role as a key partner in enhancing the attractiveness of real estate investment and guiding investors towards high-potential opportunities. Growing role for women Female participation in the real estate brokerage sector has increased significantly, with 10,100 women now actively working as brokers in the field. They contributed to the execution of 13,424 transactions, generating commission values of nearly AED1.43 billion. This reflects the growing influence of women in leading real estate deals, their ability to build strong professional relationships, and their impact on the market's overall dynamism. Beyond transactions The role of real estate brokers extended beyond facilitating transactions; they served as a vital link between investors, developers, and buyers, contributing to enhanced transparency and enabling more informed decision-making. Brokerage and property valuation firms also played a key role in supporting market demand by providing integrated services. As of the first half of 2025, there were 1,223 registered brokerage offices and 78 property valuation offices employing 118 licensed valuers. Contribution of Real Estate Registrations and Services Trustees Offices On their part, the 2,426 registered real estate services offices continued to play a pivotal role in the sector. During the first half of the year, Real Estate Registrations and Services Trustees Offices facilitated 114,848 transactions, serving 86,398 customers, marking a 15% increase in the number of customers compared to the same period last year. The outstanding performance of the brokerage and valuation sector is one of the key pillars of Dubai's real estate market, reflecting the emirate's vision of fostering an investment environment built on public-private partnerships. By facilitating transactions and deals, professional brokers continue to reinforce investor confidence and contribute to enhancing Dubai's position as a leading global real estate investment destination.
Gulf Business
2 days ago
- Business
- Gulf Business
Dubai's real estate market 2025: Role of brokers explained
Image credit: WAM/Website Dubai's real estate brokerage sector reported a standout performance in the first half of 2025, underscoring the critical role brokers play in sustaining growth and energising property transactions across the emirate. Read- Brokers facilitated 42,181 real estate transactions between January and June, generating commissions totalling more than Dhs3.23bn. This marks a 99 per cent increase compared to Dhs1.62 billion in commissions during the same period in 2024, according to data from the Dubai Land Department (DLD), The surge in activity is tied to a growing base of professionals operating in the market. The number of registered real estate brokers reached 29,577, including 6,714 new entrants in H1 2025. This trend reflects increasing confidence in the profession and highlights brokers' expanding role in guiding investors toward high-potential opportunities. Women brokers gain prominence Women are playing a larger role in shaping the real estate landscape. A total of 10,100 women are now active in Dubai's brokerage field. In the first six months of 2025, they were involved in 13,424 transactions, generating nearly Dhs1.43bn in commissions. This strong showing highlights the growing influence of women in the industry and their ability to forge relationships, close high-value deals, and contribute to the market's vibrancy. Sector extends beyond transactions Real estate brokers continue to serve as crucial intermediaries between developers, buyers, and investors. Their role in enhancing transparency and supporting informed decision-making has become increasingly vital. In addition to brokerage services, property valuation firms have contributed to sustaining demand by offering integrated services. As of H1 2025, there were 1,223 registered brokerage offices in Dubai and 78 property valuation offices employing 118 licensed valuers. Meanwhile, Real Estate Registrations and Services Trustees Offices have also helped boost market efficiency. These 2,426 offices processed 114,848 transactions in the first half of the year, serving 86,398 customers, a 15 per cent rise in client volume compared to the same period in 2024. Dubai's thriving brokerage and valuation sector reflects the emirate's strategy of fostering a real estate environment rooted in public-private collaboration. Through professional services, brokers are helping reinforce investor confidence and positioning Dubai as a premier global hub for real estate investment.
Zawya
2 days ago
- Business
- Zawya
Brokers cement their role in Dubai's real estate market, contributing to over 42,000 transactions in H1 2025
DUBAI: Dubai's real estate brokerage sector recorded a remarkable performance in the first half of this year, reaffirming the pivotal role of brokers in driving market dynamism and supporting sustainable growth in property transactions. Real estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding AED3.23 billion in H1 2025, compared to AED1.62 billion in the same period in 2024, achieving a growth of 99% This increase in transaction volume is closely tied to the growing number of real estate brokers registered with the Dubai Land Department, which now stands at 29,577 brokers, including 6,714 new brokers who entered the sector in the first half of 2025. This momentum reflects the growing confidence in the profession and its rising role as a key partner in enhancing the attractiveness of real estate investment and guiding investors towards high-potential opportunities. Female participation in the real estate brokerage sector has increased significantly, with 10,100 women now actively working as brokers in the field. They contributed to the execution of 13,424 transactions, generating commission values of nearly AED1.43 billion. This reflects the growing influence of women in leading real estate deals, their ability to build strong professional relationships, and their impact on the market's overall dynamism. The role of real estate brokers extended beyond facilitating transactions; they served as a vital link between investors, developers, and buyers, contributing to enhanced transparency and enabling more informed decision-making. Brokerage and property valuation firms also played a key role in supporting market demand by providing integrated services. As of the first half of 2025, there were 1,223 registered brokerage offices and 78 property valuation offices employing 118 licensed valuers. On their part, the 2,426 registered real estate services offices continued to play a pivotal role in the sector. During the first half of the year, Real Estate Registrations and Services Trustees Offices facilitated 114,848 transactions, serving 86,398 customers, marking a 15% increase in the number of customers compared to the same period last year. The outstanding performance of the brokerage and valuation sector is one of the key pillars of Dubai's real estate market, reflecting the emirate's vision of fostering an investment environment built on public-private partnerships. By facilitating transactions and deals, professional brokers continue to reinforce investor confidence and contribute to enhancing Dubai's position as a leading global real estate investment destination.
