Residential property sales in Abu Dhabi surged to Dhs70.4bn in the first half of 2026 from Dhs25.3bn a year earlier, driven by strong demand for off-plan developments, the emirate’s real estate regulator said.
Off-plan transactions accounted for 89 per cent of residential sales value and 82 per cent of deals during the six months, according to the Abu Dhabi Real Estate Centre’s (ADREC) first-half market report.
Repeat-sales prices rose 20 per cent year on year for apartments and 12 per cent for villas, ADREC, an affiliate of the Department of Municipalities and Transport, said. The report is based on registered sales, lease and mortgage transactions.
“The largest share of residential sales value went to homes not yet built, which places the weight of our regulatory work before completion. ADREC remains focused on ensuring clarity, confidence, and fairness for all market participants, supported by reliable information, protected buyer funds, and rules that apply across market cycles,” ADREC director general Rashed Al Omaira said.
10 developers accounted for 90 per cent of primary off-plan sales
The 10 leading developers accounted for 90 per cent of primary off-plan sales, worth Dhs51bn, while 10 projects generated 43 per cent of total residential sales, or Dhs30bn.
Emirati buyers committed Dhs21bn during the period, up from Dhs8.9bn a year earlier. Resident expatriates and non-resident foreign buyers together accounted for 70 per cent of residential sales value.
Hudayriyat Island led the market with Dhs19bn in residential sales, representing 27 per cent of the total. Saadiyat Island recorded Dhs13.3bn, while Al Reem and Al Maryah islands together generated Dhs10.5bn and Yas Island recorded Dhs7.3bn.
In the completed-property market, 61 per cent of purchases were made in cash.
Abu Dhabi recorded 233,000 active residential lease contracts in the first half. Their combined value rose 8 per cent year on year to Dhs9.3bn, while contract volumes increased 2 per cent.
The emirate’s residential supply stood at about 409,000 units, representing average annual growth of 2.9 per cent since 2022. Abu Dhabi Region accounted for 79 per cent of the housing stock after recording average annual growth of 3.3 per cent.
ADREC expects about 71,000 additional homes to be delivered across the emirate by 2030, with completions forecast to peak at approximately 21,800 units in 2028.
Key areas in Abu Dhabi
Six districts, Saadiyat Island, Al Reem Island, Yas Island, Zayed City, Khalifa City and Hudayriyat Island, are expected to account for 77 per cent of the projected increase in supply through 2030.
Investment zones contained about 72,000 homes in the first half. Al Reem Island led with 27,500 units, followed by Al Raha, Yas Island and Saadiyat Island.
Abu Dhabi’s retail property supply reached 3.85 million square metres of gross leasable area, up 5 per cent on an annualised basis. Occupancy was in the mid-90 per cent range, and prices for new leases rose 9 per cent.
Office supply edged up 0.3 per cent from the end of 2025 to 3.4 million square metres.
Occupancy stood at 95 per cent across the overall market and the prime and Grade A segments, while prices for new leases increased 13 per cent.