Q3 Witnesses Record-Breaking Off-Plan Sales Surge in Abu Dhabi

ValuStrat's latest report highlights a substantial upswing in off-plan sales during the third quarter in Abu Dhabi, marking an impressive 99.2% increase in transaction volumes compared to the same period in the previous year.

In a noteworthy shift, off-plan properties accounted for a substantial 75.1% of all residential sales in the region, signaling a strong appeal to foreign investors who have taken a keen interest in the burgeoning market.

The report also delves into the nuances of the real estate landscape, revealing that the growth in villa rentals outpaced that of apartment rentals, underscoring a preference for spacious and luxurious living spaces. Additionally, ValuStrat's data highlights the flourishing state of the hospitality industry, with remarkable performances across the board, further contributing to the region's vibrant real estate market.