Dubai residential capital values

Dubai residential capital values rose in December 2022 according to the ValuStrat Index (VPI).

Compared to February 2023, VPI rose by 0.8%:

• For Villas – by 1.1%
• For Apartments – by 0.6%

Compared to March 2022, VPI rose by 11.4%:

• For Villas – by 17.1%
• For Apartments – by 6.6%

Areas with the highest annual capital gains: Villas

• Jumeirah Islands – 21.3%
• Emirates Hills – 21.1%
• Arabian Ranches – 19.4%

Apartments

• Palm Jumeirah – 15.6%
• JBR – 11.2%
• Burj Khalifa – 8.7%

Sharjah real estate sector registered 3,386 sales transactions worth $463 million.

According to the Sharjah Real Estate Registration Department:

• 17.6% – Sales Transactions
• 9.4% – Mortgage Transactions
• 73% – Other Transactions