Bayut has just released its Abu Dhabi Annual Property Market Report for 2024.
The report highlights the emirate’s continued growth across both the affordable and luxury real estate sectors, driven by transparency, innovation, and robust investor confidence.
Key highlights include:
Price Surges: Affordable apartments saw prices jump by up to 20%, while Saadiyat Island luxury apartments recorded a remarkable 32.4% growth
Rental Demand Skyrockets: Yas Island and Saadiyat Island led the pack, with rental rates for luxury properties climbing by over 25%, reflecting the emirate’s growing appeal among high-end renters.
Top Investment Picks: Al Reef delivered a lucrative 8.64% ROI for affordable apartments, while Yas Island villas offered a strong 6.28% ROI.
Strong Demand: Bayut logged over 15.2 million visits to Abu Dhabi property listings, emphasising the emirate’s growing appeal to buyers and renters alike.
Comments