Knight Frank – Abu Dhabi Residential Market Review, Winter 2024-2025

The main theme of the report is the analysis of trends and performance of the residential real estate market in Abu Dhabi.

Key findings include: The Abu Dhabi residential market strengthened in the fourth quarter of 2024, with average prices rising by 2.1% to reach 1,111 AED per square foot. The villa segment performed best, with a quarterly increase of 3.5% to 1,045 AED per square foot. Apartment prices rose by 1.9% in the fourth quarter, reaching 1,161 AED per square foot. Approximately 34,638 residential units are under construction and planned for delivery by 2029, with 61% being apartments. Saadiyat Island led the annual growth in apartment prices, increasing by 18% in 2024. In the villa segment, the highest price growth was observed at Al Raha Beach, increasing by 17% year-on-year. The total value of residential real estate transactions in Abu Dhabi reached 27 billion AED in 2024.