The Abu Dhabi Department of Municipalities and Transport (DMT) has launched the Abu Dhabi Real Estate Centre (ADREC), aiming to enhance the emirate’s real estate sector. ADREC seeks to unify and strengthen the sector through comprehensive regulations, increasing efficiency, transparency, and support for residents, investors, and professionals. It focuses on strategic planning, promotion, regulation, and transaction management. The centre will oversee development projects, participate in real estate events, and promote the Abu Dhabi market globally.
The Abu Dhabi Department of Municipalities and Transport (DMT) has formally introduced the Abu Dhabi Real Estate Centre (ADREC), with the objective of expediting development within the emirate’s real estate industry. ADREC will enhance the real estate sector in Abu Dhabi by consolidating it and reinforcing it with a comprehensive set of regulations to improve efficiency, oversight, transparency, and support for residents, investors, real estate companies, and professionals. Using advanced tools and data, ADREC will simplify operations and enhance efficiency in key areas such as strategic planning, and promotion.
ADREC will also supervise real estate development projects and collaborate with developers to guarantee the successful delivery of projects that improve residents’ quality of life. It will actively engage in real estate conferences and events, both domestically and internationally, to promote the Abu Dhabi real estate market and attract additional investments.
ADREC’s mission underscores the government’s steadfast dedication to fostering a more dynamic real estate sector in Abu Dhabi and represents a crucial milestone in the advancement of the emirate’s real estate industry. Its all-encompassing strategy, emphasizing transparency, innovation, and cooperation, seeks to elevate Abu Dhabi’s distinctive market appeal, positioning it as an enticing choice for tourists, developers, residents, and investors.
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