Abu Dhabi's real estate market is thriving with luxury villa prices rising 5% and rental costs increasing by up to 15% in popular districts during Q3 2024. According to Bayut, luxury villas on Yas Island led the price surge, benefiting from proximity to attractions like SeaWorld Abu Dhabi and Ferrari World.

Demand for luxury apartments has also driven prices up to 8%, particularly in Saadiyat Island while affordable apartments saw modest increases of over 2%. The market for affordable villas is growing with Khalifa City experiencing a 5.65% price rise.

Key areas for buyers include Al Reef, Al Ghadeer and Masdar City for affordable options while luxury seekers are gravitating towards Al Reem Island and Yas Island. Rental trends show significant interest in Khalifa City and Al Khalidiya with one and two-bedroom apartments seeing notable price increases.

It is noted that transparency and government support are fueling market strength with over 3.5 million visits to their platform this quarter. The future looks promising as Abu Dhabi continues to attract both local and international investments, supported by initiatives for enhanced data access and smart city projects.