AED 3.28 billion foreign direct investment in Abu Dhabi real estate in the first half of 2024

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This diversity of investors indicates the distinction and attractiveness of the investment environment in Abu Dhabi, which enhances investors’ confidence in the real estate market in the emirate.

Foreign direct investment increased In Abu Dhabi real estate during the first half From 2024 by 225%, according to official data.

Emirates News Agency reported “WAM” The Abu Dhabi Real Estate Centre, the regulatory body for the real estate sector in Abu Dhabi, said that the value of real estate investments attracted by the emirate in the first half of 2024 amounted to about 3.28 billion dirhams.

Number of foreign investors in Abu Dhabi real estate

According to data from the Abu Dhabi Real Estate Centre, around 971 individual investors from more than 75 countries, including the United States, the United Kingdom, China, Kazakhstan and Russia, contributed to these investments.

The data revealed by the Abu Dhabi Real Estate Centre is an indicator of the attractiveness of the investment environment in Abu Dhabi, which has attracted investors from several major countries to the real estate sector, which confirms the confidence of foreign investors in the real estate sector in Abu Dhabi.

Strong performance for Abu Dhabi real estate

Rashid Al Omaira, Acting Director General of the Abu Dhabi Real Estate Centre, stressed that the strong performance of the real estate sector in Abu Dhabi reflects the success of the strategic initiatives implemented by the Centre to consolidate the emirate’s position as a leading global investment destination.

Rashid Al Omaira expected this positive performance to continue during the second half of the year, supported by the centre’s ongoing efforts to enhance the investment environment, which confirms its commitment to excellence and establishing Abu Dhabi as a reliable and attractive option for global investors.

Al Omaira explained that foreign direct investment plays a crucial role in Abu Dhabi’s vision for economic diversification, and the centre’s focus is on promoting a business-friendly environment characterised by innovation, transparency and efficiency.

The Acting Director General of the Abu Dhabi Real Estate Centre added that procedures will continue to be simplified and advanced technologies will be used to consolidate Abu Dhabi’s position as an ideal investment destination.

 

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