Ramhan Island in Abu Dhabi, under the leadership of Mohamed Alabbar and Eagle Hills, is a luxurious development that combines architectural elegance with natural beauty. With an investment of USD 3.5 billion, the project covers over 43 million square feet and features a vast sea channel spanning over 19 million square feet. The development offers 1,800 standalone waterfront villas, 900 premium marina residences, and 120 luxury hotel and residence keys across four unique villa communities: Marine Island Villas, Cove Island Villas, Breeze Island Villas, and Views Island Villas.
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Increase in Abu Dhabi’s volume of residential transactions
Increase in Abu Dhabi’s off-plan market sales
Real estate transaction in Dubai in Q3 in 2023
Year on year growth in Dubai’s secondary market
The United Arab Emirates is working to make its economy less dependent on oil and gas, and the real estate industry plays a key role in this effort. Contributing about 5.5% to the UAE’s total income, real estate has become a major global player, with a collective value of 2.7 billion U.S. dollars in 2019, ranking just behind China and the United States. The Abu Dhabi Investment Authority (ADIA), a leading UAE investor, holds assets worth over 43.4 billion U.S. dollars in real estate, showcasing the country’s significant presence in the global real estate mark
*Data is based on the transactions made in 2023
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Abu Dhabi real estate
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