Abu Dhabi records Dh21.5 billion in residential property sales in Q3 2026 across 6,085 transactions

Abu Dhabi's residential property market saw a sales value of Dh21.5 billion in Q3 2026, with 6,085 transactions, according to Savills Middle East. Despite a 19% decline in transaction numbers quarter on quarter and 7% year on year, sales value rose by 32% compared to the same period last year, indicating sustained demand for premium properties.

Off-plan properties made up 81% of the residential transactions, with an average transaction value of Dh5 million, up 15% quarter on quarter and 40% year on year. In contrast, ready properties had an average transaction value of Dh2.8 million.

Luxury properties experienced a significant growth, with 582 transactions worth over Dh10 million each, a 35% increase compared to the previous quarter and 104% year on year. These transactions were primarily off-plan, accounting for 95% of these high-value sales.

Rachel Kerr, Head of Research at Savills Middle East, highlighted the market's resilience, noting a shift towards higher-value purchases in off-plan and luxury segments. Buyers are prioritizing location, quality, and long-term value, with Abu Dhabi's diverse lifestyle options, infrastructure investments, and growing international profile attracting both domestic and international buyers.

Residential property prices saw annual growth, with apartment average prices reaching Dh22,700 per square metre, a 9% increase, and villa and townhouse average prices at Dh18,200 per square metre, up 8%. Rental transactions grew to 50,500 in the third quarter, a 29% increase from the second quarter, driven by lease renewals.

Foreign investors account for 70% of residential property sales value in the first half of 2026, compared to 64% in the same period of 2024. Around 68,000 additional residential units are expected by 2030, with most new supply in key locations like Saadiyat Island, Al Reem Island, Yas Island, and Zayed City. Savills anticipates continued demand for Abu Dhabi's market, driven by the emirate's economic fundamentals, infrastructure investment, and luxury residential developments.