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Published on 09/16/2024

Dubai & Abu Dhabi Rank Among Top 5 Global Improvers in Real Estate Transparency

Dubai Real Estate Sees 33% Growth, Recording Dh37.3 Billion in Sales for August 2024

Dubai and Abu Dhabi have been ranked among the top five cities globally in real estate transparency, as per the Global Real Estate Transparency Index (GRETI) by JLL. Dubai saw a remarkable Dh37.3 billion in sales value in August 2024, a 33% jump compared to last year.

Dubai’s continued improvements in data, anti-money laundering laws, and market processes, especially through platforms like Dubai REST, have kept it highly transparent, boosting investor confidence. The city ranked 28th globally, while Abu Dhabi secured the 41st spot.

Sustainability to Drive Future Transparency

2-arabian business

James Allan, CEO of JLL MEA, highlighted the growing role of sustainability in real estate transparency. He expects future improvements as companies face increased requirements for emissions and climate risk disclosures.

In addition to UAE cities, Saudi Arabia ranks high due to enhanced transparency in its real estate processes, boosting confidence in its ambitious urban projects.


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