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- Total sales in real estate sector, Dubai
TOTAL SALES FOR Q3, 2022
Dubai real estate sector registered 25,496 sales transactions worth $18.9 billion according to Dubai Land Department. These are the highest indicators of Q3 since 2010. Among them: 54% – 13,722 sales transactions of $12.3 billion for secondary and ready properties 46% – 11,774 sales transactions of $6.6 billion for off-plan This is the highest value of off-plan property sales transactions since December 2013. Compared to Q3 2021:
- Transaction volume increased by 60%
- Transaction value increased by 64%
- Apartment rentals increased by 26%
- Villa rentals increased by 28%
TOP areas for sales: Apartments
- Business Bay
- Burj Khalifa
- Jumeirah Village Circle
- Dubai Marina
Villas & Townhouses
- Al Furjan
- Al Hebiah Fourth
- Al Hebiah Sixt
- Al Thanyah Third
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