Abu Dhabi’s real estate sector saw a boost in foreign direct investment (FDI) last year, with total transactions surpassing $26 billion, according to the Abu Dhabi Real Estate Centre (ADREC). FDIs climbed 125% year-on-year to $2.13 billion, fueled by contributions from 2,302 investors spanning 105 countries, including the United States, the United Kingdom, Kazakhstan, Russia, France, and China.

Overall, property transactions in Abu Dhabi totaled 28,249, with a combined value of $26.2 billion—a 10.45% increase from the previous year. The UAE, as a top global investment hub, attracted $30.7 billion in FDIs in 2023, reflecting a 35% year-on-year rise, according to the Ministry of Investment. This growth is credited to government initiatives such as residency permits for retirees and remote workers, the expansion of the 10-year golden visa program, and the UAE’s economic diversification efforts.

Deyaar unveiled the $217.8 million Rivage project on Al Reem Island. Aldar introduced several high-profile projects, including the Mandarin Oriental Residences and Mamsha Gardens on Saadiyat Island, The Arthouse—a boutique residential community also on Saadiyat Island—and Yas Riva on Yas Island.