Dubai and Abu Dhabi have shown notable advancements in real estate transparency, with Dubai securing the 3rd spot for improvements from 2022 to 2024 and Abu Dhabi placing 5th. These rankings reflect their efforts in scaling digital services, implementing rigorous anti-money laundering (AML) measures, and enhancing the availability of market data.
Dubai has moved up to 28th globally, becoming the only real estate market in the MENA region to achieve a “Transparent” status. This advancement is attributed to effective government initiatives such as Dubai REST, a smart platform designed to improve access to real estate services and urban planning data.
Marwan Ahmed bin Ghalita, Director-General of the Dubai Land Department, highlighted that Dubai’s progress in the Global Real Estate Transparency Index (GRETI) aligns with its vision of becoming a global leader in real estate and supports its Economic Agenda D33.
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Abu Dhabi has also made significant strides, climbing four positions to 41st place in the “Semi-transparent” tier. The emirate’s use of PropTech and artificial intelligence, notably through the DARI platform for real estate transactions, underscores its commitment to digital transformation.
James Allan, CEO of JLL Middle East and Africa, pointed out that these improvements in both cities reflect a broader trend of increasing transparency and innovation across the UAE, creating a more favorable environment for sustainable investment and urban development.
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