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Saadiyat Island dominates Abu Dhabi’s real estate market in Q3 2023

It has the highest yearly capital returns, with villa prices increasing 10.3% and apartment prices 4.7%, according to a ValuStrat study for Q3 2023.

It has the highest yearly capital returns, with villa prices increasing 10.3% and apartment prices 4.7%, according to a ValuStrat study for Q3 2023.

Top Destination for Buyers and Tenants:

According to a report published by the international consulting firm ValuStrat, Saadiyat Island has maintained its position as the most sought-after destination for property buyers and tenants, surpassing all other areas in the third quarter of 2023.

Impressive Capital Gains:

In the capital, Saadiyat Island showcased the most significant annual capital gains for the quarter. Villa prices in the area experienced a remarkable increase of 10.3 percent, while apartment prices surged by 4.7 percent.

Competitive Alternatives:

While Saadiyat Island stood out with its impressive growth, other areas also saw notable annual capital increases. Apartments in Al Reem Island, Al Muneera Island, and Al Bandar reported gains of 3.8 percent, 4.5 percent, and 4.4 percent, respectively.

The real estate market in the UAE continues to demonstrate its dynamism, with Saadiyat Island leading the way in attracting both buyers and tenants, primarily due to its robust capital gains. 

This trend reflects the ongoing attractiveness of the region’s property market and its enduring appeal to investors and residents alike.

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