Bayut’s Annual Abu Dhabi Sales Market Report 2024
- At a Glance
- Affordable Apartments
- Luxury Apartments
- Affordable Villas
- Luxury Villas
- Highest ROIs
- Off-plan Properties
Now that 2025 has kicked off, it’s the perfect time to assess the property prices for apartments and villas in Abu Dhabi’s most desirable neighbourhoods for 2024. With the UAE capital’s real estate market demonstrating consistent growth over the past year, the Annual Abu Dhabi Property Sales Report 2024 offers a comprehensive analysis of the property price trends that have influenced the emirate’s vibrant investment environment.
To offer a clearer Abu Dhabi real estate market analysis perspective, popular areas for buying apartments and villas are categorised into two key segments: ‘Affordable’ and ‘Luxury.’
Abu Dhabi Annual Property Sales Report 2024 – Key Findings
Bayut’s Abu Dhabi Annual Sales Market Report 2024 highlights the key trends shaping the capital’s property landscape, offering valuable insights for investors, homebuyers and industry stakeholders.
- Al Reem Island has solidified its position as the most popular destination for buying affordable apartments in Abu Dhabi, followed by Al Reef and Al Ghadeer. The consistent price appreciation ranging from 2% to 20% for affordable apartments suggests a robust demand-supply dynamic.
- Al Raha Beach has maintained its status as the go-to location for luxury apartment seekers, with Yas Island and Saadiyat Island following closely in investor interest. Luxury apartment prices in prime areas saw growth rates of between 5% and 32%.
- Al Reef emerged as the frontrunner in the affordable villa segment, with Khalifa City and Abu Dhabi Gate City garnering significant interest. The average price-per-square-foot for affordable villas saw general increases of 6% to 18% in 2024.
- Yas Island has cemented its status as the top choice for luxury villa purchases, with Al Raha Gardens and Saadiyat Island also featuring prominently on buyers’ radars. Luxury villa prices across popular areas increased by between 2% and 23%.
For an accurate Abu Dhabi real estate market analysis, our Annual Abu Dhabi Property Sales Report 2024 compares the average price-per-square-foot for an area to those recorded in 2023. Please note that these prices are subject to change based on multiple factors, including the amenities available, the developer involved in the project, location and other key factors.
AL REEM ISLAND WAS THE TOP CHOICE FOR AFFORDABLE APARTMENTS IN ABU DHABI
Affordable Apartments – Annual Abu Dhabi Property Sales Report 2024
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023 | STUDIO | 1-BED | 2-BED |
|---|---|---|---|---|---|
| Al Reem Island | ROI 7.00% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| STUDIO
| 1-BED
| 2-BED
|
| Al Reef | ROI 8.64% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| STUDIO
| 1-BED
| 2-BED
|
| Al Ghadeer | ROI 8.41% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| STUDIO
| 1-BED
| 2-BED
|
| Masdar City | ROI 6.88% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| STUDIO
| 1-BED
| 2-BED
|
| Baniyas | ROI 5.36% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| STUDIO
| 1-BED
| 2-BED
|
- Al Reem Island, Al Reef and Al Ghadeer emerged as top choices for buyers seeking affordable apartments as per Bayut’s Annual Abu Dhabi Property Sales Report 2024.
- Prices in the affordable apartment segment have generally trended upwards, with most areas recording increases of between 2% and 20%, indicating a healthy market.
- Al Ghadeer witnessed the highest price-per-square-foot increase at 19.8%, while Baniyas experienced a marginal decline of 1.92%.
AL RAHA BEACH LEADS AS THE PREMIER DESTINATION FOR LUXURY APARTMENTS IN ABU DHABI
Breakdown of Luxury Apartments – Abu Dhabi Annual Property Sales Report 2024
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023 | 1-BED | 2-BED | 3-BED |
|---|---|---|---|---|---|
| Al Raha Beach | ROI 6.09% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 1-BED
| 2-BED
| 3-BED
|
| Yas Island | ROI 7.07% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 1-BED
| 2-BED
| 3-BED
|
| Saadiyat Island | ROI 4.37% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 1-BED
| 2-BED
| 3-BED
|
| The Marina | ROI 5.53% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 1-BED
| 2-BED
| 3-BED
|
- According to the Abu Dhabi Annual Property Sales Report 2024, Al Raha Beach, Saadiyat Island, The Marina and Yas Island dominated the luxury apartment segment, with a 5% to 33% appreciation in the average price-per-square-foot.
- The Marina recorded the highest price per sq. ft. of AED 2,696 in the luxury apartment segment.
- Saadiyat Island reported a remarkable 32.4% rise in price-per-square-foot, highlighting its premium status.
- 2 BEDS
- |
- 5 BATHS
- |
- 1681 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 2018 SQFT
- 3 BEDS
- |
- 3 BATHS
- |
- 1538 SQFT
- 3 BEDS
- |
- 5 BATHS
- |
- 1955 SQFT
- 3 BEDS
- |
- 5 BATHS
- |
- 1955 SQFT
- 1 BED
- |
- 1 BATH
- |
- 806 SQFT
AL REEF EMERGES AS THE MOST POPULAR COMMUNITY FOR BUYING AFFORDABLE VILLAS IN ABU DHABI
Affordable villas for sale – 2024 Abu Dhabi Annual Property Sales Market Report
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023 | 3-BED | 4-BED | 5-BED |
|---|---|---|---|---|---|
| Al Reef | ROI 6.14 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-BED
| 4-BED
| 5-BED
|
| Khalifa City | ROI 3.99 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-BED
| 4-BED
| 5-BED
|
| Abu Dhabi Gate City (Officers City) | ROI 6.08 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-BED
| 4-BED
| 5-BED
|
| Al Ghadeer | ROI 6.53 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-BED
| 4-BED
| 5-BED
|
| Hydra Village | ROI 8.09 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-BED
| 4-BED
| 5-BED
|
- According to the 2024 Abu Dhabi Annual Property Sales Market Report, the top-performing communities for affordable villas include Al Reef, Hydra Village, Khalifa City and Al Ghadeer.
- In 2024, the average price per square foot for affordable villas has risen by 6% to 18%. Al Reef was the favourite for affordable villa buyers, witnessing an 11.1% price-per-square-foot increase.
- Al Ghadeer experienced the highest price-per-square-foot growth, at 17.4%. Although a popular choice, Khalifa City has experienced a slight decline of 1.12% in average price per sq. ft. compared to 2023.
YAS ISLAND DOMINATES AS THE FAVOURITE LOCATION FOR LUXURY VILLAS IN ABU DHABI
Luxury Villa Sales – Abu Dhabi Annual Property Sales Market Report for 2024
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023 | 4-BED | 5-BED | 6-BED |
|---|---|---|---|---|---|
| Yas Island | ROI 6.28 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 4-BED
| 5-BED
| 6-BED
|
| Al Raha Gardens | ROI 6.23 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 4-BED
| 5-BED
| 6-BED
|
| Saadiyat Island | ROI 5.07 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 4-BED
| 5-BED
| 6-BED
|
| Al Matar | ROI 4.77 % | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 4-BED
| 5-BED
| 6-BED
|
- Prices for luxury villa sales have increased by between 2% and 23% with investors showing preference for Yas Island, Saadiyat Island and Al Matar.
- As per the Abu Dhabi Annual Property Sales Market Report for 2024, Yas Island was the leader in the luxury villa segment, with a price-per-square-foot increase of 22.1%.
- Al Matar also showcased a noticeable surge of 16.7% in price-per-square-foot. Known for its exclusivity, Saadiyat Island recorded a 15.9% growth in the same metric.
- 4 BEDS
- |
- 5 BATHS
- |
- 5793 SQFT
- 5 BEDS
- |
- 6 BATHS
- |
- 2941 SQFT
- 5 BEDS
- |
- 6 BATHS
- |
- 3748 SQFT
- 4 BEDS
- |
- 5 BATHS
- |
- 5793 SQFT
Top Areas for High Rental Yields in Abu Dhabi – Villas and Apartments
Abu Dhabi’s diverse investment landscape, throughout both the affordable and luxury segments, provides opportunities for strong rental returns. Whether targeting villas or apartments, investors can explore options tailored to their preferences and financial goals.
Highest ROI Areas for Apartments
AREA | SEGMENT | ROI |
|---|---|---|
AREA Al Reef | SEGMENT Affordable | ROI 8.64% |
AREA Yas Island | SEGMENT Luxury | ROI 7.07% |
- As per the Abu Dhabi annual sales market report for 2024, Al Reef offered exceptional 8.64% returns in the affordable category, making it attractive to investors.
- With its attractive lifestyle appeal and prominent profile, Yas Island leads the luxury apartment market with a compelling ROI of 7.07%.
Highest ROI Areas for Villas
AREA | SEGMENT | ROI |
|---|---|---|
AREA Hydra Village | SEGMENT Affordable | ROI 8.09 % |
AREA Yas Island | SEGMENT Luxury | ROI 6.28 % |
- Hydra Village delivered the highest ROI of 8.09% in the budget-friendly villa category.
- On the luxury side, Yas Island leads with its strong 6.28% ROI, followed closely by Al Raha Gardens (6.23%).
The projected ROIs for apartments and villas in Abu Dhabi may vary depending on the location of the building/unit, its developer and the amenities offered.
Preferred Off-Plan Projects in Abu Dhabi
Abu Dhabi offers a diverse selection of off-plan properties for sale, catering to the affordable and luxury segments. These developments are strategically located in sought-after communities, providing buyers with excellent investment opportunities and modern lifestyles.
Off-plan Apartment Projects
PROJECT | AREA | CATEGORY |
|---|---|---|
PROJECT City of Lights | AREA Al Reem Island | CATEGORY Affordable |
PROJECT Royal Park | AREA Masdar City | CATEGORY Affordable |
PROJECT Al Reeman 1 | AREA Al Shamkha | CATEGORY Affordable |
PROJECT Yas Bay | AREA Yas Island | CATEGORY Luxury |
PROJECT Saadiyat Cultural District | AREA Saadiyat Island | CATEGORY Luxury |
PROJECT Al Maryah Vista | AREA Al Maryah Island | CATEGORY Luxury |
Abu Dhabi annual market report for 2024 reveals buyers were inclined towards affordable off-plan apartment options available in:
- City of Lights on Al Reem Island
- Royal Park in Masdar City
- Al Reeman 1 in Al Shamkha
For those seeking in the luxury sector of the market, the following projects proved most attractive:
- Yas Bay on Yas Island
- Saadiyat Cultural District on Saadiyat Island
- Al Maryah Vista on Al Maryah Island
Top Off-plan Projects Offering Villas
PROJECT | AREA | CATEGORY |
|---|---|---|
PROJECT Reem Hills | AREA Al Reem Island | CATEGORY Affordable |
PROJECT Bloom Living | AREA Zayed City | CATEGORY Affordable |
PROJECT Al Reeman 2 | AREA Al Shamkha | CATEGORY Affordable |
PROJECT Saadiyat Lagoons | AREA Saadiyat Island | CATEGORY Luxury |
PROJECT Yas Acres | AREA Yas Island | CATEGORY Luxury |
Popular, affordable off-plan villa options included developments such as
- Reem Hills on Al Reem Island
- Bloom Living in Zayed City
- Al Reeman 2 in Al Shamkha
In the luxury segment, the following off-plan developments attracted most investor interest:
- Saadiyat Lagoons on Saadiyat Island
- Yas Acres on Yas Island
That concludes Bayut’s Abu Dhabi Sales Market Report for 2024. Stay tuned to MyBayut for all the latest updates on Abu Dhabi’s dynamic real estate market and in-depth insights on the all the latest developer launches.
For more detailed analysis of the UAE’s buzzing real estate market, check out Bayut’s Dubai Sales Market Report for 2024, which goes in-depth on trending sales prices in the emirate’s most popular areas.
Disclaimer: The above Annual Abu Dhabi Property Sales Report 2024 is based on prices for ready properties advertised by real estate agencies on behalf of their clients on Bayut.com (excluding room share) and is not representative of actual real estate transactions conducted in Abu Dhabi.
