Dubai’s real estate market remains strong and active through the 2nd month of summer with amazing results compared to July 2022.
1. Total Property Sale Transactions
ALL (off-plan and ready): 11,129
Up 56.3% vs. July-2022
OFF-PLAN: 5,848
Up 64.9% vs. July-2022
OFF-PLAN Apartments: 4,558
Up 77.1% vs. July-2022
2. Total Sales Value
ALL (off-plan and ready): 37.7B
Up 80.6% vs. July-2022
OFF-PLAN: AED 15.2B
Up 87.7% vs. July-2022
OFF-PLAN Apartments: AED 10.6B
3. Top 5 Areas in Demand for Off-Plan & Ready Property:
MBR District 1
Business Bay
Dubai Marina
JVC
DAMAC HILLS 2
4. Average Rental Property Prices
Apartments: AED 56K
Up 16.7% vs. June, 2022
Villas: AED 163.5K
Up 25.8% vs. June, 2022
Commercial: AED 110K
Up 22.2% vs. June, 2022
*All data is provided by dxbinteract