June 2023 Results

According to the the Dubai Land Department report:

In June 2023, 10,429 property transactions worth $8.3 billion were completed in Dubai.

This is the highest figure for the month of June since June 2013.

Property deals show 18% volume increase and 34% value rise compared to June 2022.

• 5,252 transactions worth $4.8 billion – Secondary and Ready Properties
• 5,177 transactions worth $3.5 billion – Off-plan Properties

Compared to June 2022:

• Secondary volume declined by 1%, the value rose by 12%
• Off-plan volume rose by 48%, the value inceased by 82%

TOP Sales Areas:

Apartments

1. Jumeirah Village Circle
2. Marsa Dubai
3. Jumeirah Lakes Towers
4. Dubai Hills

Villas and Townhouses

1. Al Yelayiss 2
2. Al Hebiah Sixth
3. Arabian Ranches III
4. Emirate Living

According to the digital portal, Property Finder, people who want to own:

• Apartment – 57.5%
• Villas and Townhouses – 42.5%