Abu Dhabi Real Estate Attracts 125% More Foreign Investments in 2024

Abu Dhabi’s real estate market experienced a remarkable surge in foreign direct investments (FDIs) last year, with a 125% increase compared to 2023. The Abu Dhabi Real Estate Centre (ADREC) reported that the sector attracted over AED 7.86 billion ($2.14 billion) in FDIs during 2024.

Credit: Forbes

The investments came from 2,302 investors representing 105 countries, including major markets like the United States, the United Kingdom, France, China, and Russia. In total, property transactions in Abu Dhabi reached 28,249, with a combined value of AED 96.2 billion ($26 billion), marking a 10.45% growth from the previous year.

Rashed Al Omaira, Acting Director General at ADREC, attributed this growth to the emirate’s forward-looking policies, investment-friendly environment, and top-tier infrastructure, which continue to draw global attention to its thriving real estate sector.

According to the UAE Ministry of Investment, the country as a whole remains a top global destination for foreign investments, securing $30.7 billion in FDIs in 2023, a 35% increase year-on-year.

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