Abu Dhabi real estate transactions in Q3 exceed $5.7bn ...United Arab Emirates

Abu Dhabi’s real estate market witnessed continued growth in the third quarter of 2022, recording a total of 4,441 transactions amounting to over $5.73bn, according to the latest report published by the Department of Municipalities and Transport (DMT). The DMT’s quarterly publication showed that the emirate recorded 1,995 real estate sales worth $1.47bn, and 2,446 mortgage transactions worth $4.25bn. In September 2022, Dubai’s property market topped US $6.6bn in August while, early in November 2022, the DMT signed a twinning partnership with Bishkek City. Yas Island topped the list, logging transactions worth $272mn, while Al Saadiyat Island comes in second with transactions worth $253mn. W

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