The Abu Dhabi Real Estate Centre has launched a mandatory training course for brokers seeking commercial licences. The curriculum replaces the previous course and introduces the ADREC Certified Broker credential, which requires annual renewal.
Abu Dhabi rose eight places to rank 33rd globally in JLL's 2026 Global Real Estate Transparency Index, scoring 2.42. The emirate recorded the largest improvement globally, supported by expanded market disclosure and digital initiatives led by the Abu Dhabi Real Estate Centre (ADREC). ADREC has established a strategic target to rank among the top 25 most transparent real estate markets by 2030.
UAE developer Ohana Development has officially broken ground on the AED 15 billion ($4.08 billion) Manchester City Yas Residences along Yas Canal in Abu Dhabi. The 1.67 million-square-metre waterfront development will deliver more than 2,000 residential units and a sports training academy in phases by 2029. An on-site Experience Centre was also launched alongside the ground-breaking ceremony.
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