Market data
Transaction
A transaction is a recorded property deal, whose registered price and details form the raw data behind market analysis and comparables.
In market-data terms, a transaction is a completed sale (or lease) registered with the authority, capturing the price, area, date, and property details. Registered transaction records are the most reliable basis for valuing property because they reflect prices people actually paid rather than asking prices. In Abu Dhabi, official transaction data sits with ADREC, and registry-grade records underpin trustworthy comparables and price analysis.
Related terms
- Comparable (Comp) — A comparable is a similar, recently transacted property used as an evidence point to estimate another property's market value.
- Price per Square Foot — Price per square foot is a property's price divided by its area, used to compare value across units of different sizes.
- ADREC (Abu Dhabi Real Estate Centre) — ADREC is Abu Dhabi's real-estate regulator, overseeing property registration, brokerage licensing, and the emirate's official transaction data.
- Absorption — Absorption is the rate at which available properties are sold or leased over a period, signalling how quickly a market is clearing supply.