Abu Dhabi's off-plan property sales surged by 20% in Q3, rising to Dh5.4 billion from Dh4.5 billion in Q2. This growth particularly in the luxury segment reflects high demand and attractive returns with Yas Island and Al Reem Island emerging as key hotspots.
Luxury villas on Yas Island are in high demand averaging Dh4.25 million in sales and Dh226,000 in rent. Al Reem Island is favored for luxury apartments with average prices of Dh1.39 million and rents at Dh99,000. Al Jubail Island offers the highest investment return for luxury villas at 6.82% while Al Reem leads for luxury apartments at 6.85%.
Source: Global Capital
In the affordable market, Al Reef is the top area for villas averaging Dh2.16 million in sales while Mohammed Bin Zayed City offers villas for an average rent of Dh144,000. Al Reef also boasts the highest ROI for affordable apartments at 8.90%.
For off-plan projects, the Royal Park in Masdar City is the most popular affordable apartment project, averaging Dh883,000 while Noya Viva in Yas Island leads the luxury villa segment at Dh3.37 million. Abu Dhabi's property market shows continued confidence driven by investment-friendly policies and economic stability.