Abu Dhabi registered real estate transactions totalling AED71.5 billion ($19.47 billion) in 2021, a report by the Department of Municipalities and Transport (DMT) - Abu Dhabi, showed.

 

The figure represents a combined 14,958 sales and mortgage transactions, with Yas Island topping list of best performing areas with AED4.1 billion in real estate deals, a Wam news agency report said.

 

Reem Islands came second with AED3.2 billion, followed by Saadiyat with AED2.5 billion.

 

"The results reflect Abu Dhabi’s sustainable real estate development and ongoing attractiveness as a leading city for investment and living," said Dr Adeeb Alafeefi, Executive Director of DMT Real Estate Sector.