Total transactions of AED 5.7 billion in land and residential transactions, which shows an 8% month-over-month increase in total transactions in Abu Dhabi, reported by EFG Hermes.
The study also reveals, high-end off-plan and ready property sales showed a noticeable increase in residential transactions to AED 3.7 billion which is a noticeable 49% increase.
Off-plan sales increased 75% and reach AED 804 million over month over month surge in activity on Saadiyat Island and Al Jubail Island, according to EFG Hermes. 70% of off-plan transactions in April came from Aldar Properties, which held the biggest off-plan market share.
Sales in Saadiyat Island were the primary driver of total AED 567 million off-plan sales by Aldar, which increased upto 160% annually and 92% month over month. Off-plan activity on Jubail Island increased by 189% a year to AED 113 million, according to EFG Hermes.
“Bloom Properties’ revenue was AED 44 million, a 12% monthly decrease in activity.”
According to an analysis by the lender, ready-unit sales in Abu Dhabi increased to around 97% in April, as compared to last month.
Government programs including the expansion of the 10-year golden visa program, residency permits for remote workers, retirees and general economic growth in the UAE amidst diversification attempts, have all contributed to the property market’s continued excellent performance.
A research in March by real estate firm Cushman & Wakefield Core stated that last year residential property sales prices have increased by 11% yearly, due to rise in demand and a shortage of supply in Abu Dhabi.
In the first quarter of 2025, the Abu Dhabi Real Estate Centre announced that the total transaction value in the emirate increased by 34.5% to AED 25.3 billion from 6,896 deals, as opposed to AED 18.8 billion from 5,773 transactions Q1, 2024.
Khalifa City recorded the best performance in the rental market and Yas Island recorded the best yearly pricing performance, whereas Zayed City recorded the lowest. According to EFG Hermes data, the average yearly rent for a two-bedroom flat in Khalifa City was AED 91,881, with rents rising 14% every month.
According to EFG Hermes, mortgage activity was skewed towards the budget category, which includes areas like Zayed City, Khalifa City, Al Jubail Island, Mohamed Bin Zayed City, Khalidiya, Mushrif and Reef. Mortgages made up 29% of all residential activity.
Higher prices across the budget category helped to boost the average selling prices, which increased 3.2% year over year and 4.9% month over month to AED 11,640 per square meter, according to the research.
Higher off-plan and ready-unit sales helped the luxury market, which comprises Saadiyat Island, Al Hudayriyat, and Nurai Island growth showed monthly growth of 152.4 percent to AED 838 million. The research showed that Al Jubail Island had the greatest rental value and Saadiyat Island was the most sought-after location for rental income.
Transaction value increased monthly 69.2% to AED 1.4 billion in the inexpensive segment, which includes communities like Al Muntazah, Reem Island and Yas Island. This growth was primarily driven by greater ready-unit sales. However, EFG Hermes discovered that prices were down 3.7% month over month and 4.8% annually.
Due to stronger off-plan and ready unit sales, the budget category’s overall market activity grew 7.4% month over month to AED 1.4 billion. According to the research, Mohamed Bin Zayed City had the largest demand for sales transactions.
Henry Wiltshire International is a multi-award winning brokerage with more than 11 years of experience in Abu Dhabi. We specialise in luxury and off-market properties as well as a full range throughout the city and islands. If you’re looking to buy, sell or lease, contact us at +971 56 484 3380
Source 24 May 2025 National News
