Post by : Dr. Amrinder Pal Singh
In the first month of 2024, there were 1,386 sales and mortgages on different kinds of real estate units in the Emirate of Abu Dhabi, totaling over AED 5 billion in real estate transactions.
The Department of Municipalities and Transport in Abu Dhabi is associated with the “DARI” platform, which states that 635 mortgage deals were registered, bringing the total value of real estate mortgages in the emirate to approximately AED2.6 billion. With 751 sales transactions, 363 ready properties, and 388 off-plan, the total sales value since the start of the current year has surpassed AED 2.5 million.
The platform displayed the highest value transactions for Abu Dhabi City over the previous seven days. AED16.6 million for “Prestige Tower” in Mohamed bin Zayed City topped the list, while AED12.7 million for “Mamsha Al Saadiyat” on Saadiyat Island came in second.
The department’s quality real estate projects, along with several other initiatives started by Abu Dhabi’s real estate entities, have propelled the city’s real estate industry upward. The sector’s global competitiveness has increased as a result of these initiatives, which have strengthened its standing as an appealing environment for both domestic and foreign investors.
Russian Drone Strikes Kill 3, Injure Dozens in Kyiv Amid Ongoing Attacks
Russian drone strikes hit Kyiv, killing 3 and injuring dozens. Kyiv’s energy, residential buildings,
China-Japan Tensions Escalate Over Taiwan Amid Hawkish Remarks by Takaichi
China-Japan tensions rise as PM Takaichi signals Japan could defend Taiwan, sparking protests and wa
Sudan El-Fasher Escapees Haunted by Blood and Corpses Amid Crisis
Sudan crisis escalates as RSF and army fight over gold and oil, leaving tens of thousands dead and m
Carlyle Eyes Lukoil Assets Amid U.S. Sanctions Pressure
U.S. private equity firm Carlyle explores acquiring Lukoil’s foreign assets, navigating sanctions wh
India’s Stock Struggle: Rupee Bottoms, Flows Remain Resilient
Indian equities underperform globally, but domestic inflows and stable forex reserves hint at recove
Marathon Nextgen Launches ₹370 Cr Homes in Bhandup
Marathon Nextgen Realty unveils three new towers in Bhandup with 2.2 lakh sq. ft. residential space,
FIFA U-17 Qatar Fan Zone Attracts Fans With Culture and Fun
Qatar’s U-17 World Cup Fan Zone draws huge crowds with cultural shows, community activities, and inc
Cristiano Ronaldo Red Card Called Harsh by Portugal Coach
Portugal coach Roberto Martinez says Ronaldo’s first-ever international red card was harsh after a 2
Eggs Thrown at Rubiales During Launch of New Book in Spain
Former Spanish FA chief Luis Rubiales was attacked with eggs during his book launch in Madrid, an ac
Kai Trump Shoots 83 in LPGA Debut and Learns from Experience
Kai Trump scored 83 in her LPGA debut, finishing last but gaining experience as crowds and media fol
Kansas State Beats Cal in Close 99-96 High-Scoring Battle
Kansas State beats Cal 99-96 in a tight game as Haggerty and his teammates lead early scoring, helpi
Phoenix Suns Get Big Win Over Pacers to Continue Winning Run
The Phoenix Suns earn a strong win over the Indiana Pacers as Devin Booker leads the team with big s
Clippers and Mavericks Meet as Injuries Hit Both Teams Hard
The Clippers and Mavericks meet in an NBA Cup game as both teams struggle with major injuries and po
Seton Hall Beats Monmouth With Strong Second Half Defense
Seton Hall beat Monmouth 70-58 after holding them to four second-half field goals. TJ Simpkins score
Raptors Beat Cavaliers With Big Games From Barnes and Quickley
Scottie Barnes and Immanuel Quickley lead Toronto Raptors to a 126-113 win over Cleveland Cavaliers,
