It noted that the rental market in Abu Dhabi and Dubai remained stable, with tenants preferring to renew existing contracts. This contributed to a 9.4 percent year-on-year rise in lease contracts in Abu Dhabi in the second quarter, while Dubai recorded an 11.5 percent increase in total residential leases. In terms of sales, Abu Dhabi registered a 9. 1 percent increase in total sales transactions, with strong growth in the secondary market of 32.6 percent. The sector is expected to record an annual growth rate of 2.28 percent until 2029, reaching US$759.04 billion.