Department of Municipalities and Transport records AED46.33bn+ in Abu Dhabi real estate transactions in H1 2023

Abu Dhabi, UAE, 31July 2023:As per the latest report released by the Department of Municipalities and Transport (DMT), Abu Dhabi’s real estate market sustained growth driven by investor optimism, recording 10,557 property transactions amounting to over AED46.33 billion.

The department’s half-yearly report indicates that all kinds of land, buildings, and real estate were purchased, sold, and mortgaged.

DMT’s real estate trading index shows 6,730 real estate purchase and sale transactions worth AED25.09 billion and 3,827 mortgage transactions worth AED21.24 billion. 

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