Best Selling Real Estate Projects in August Dubai 2023

Real Estate

Dubai, UAE – The Dubai real estate market continued its strong performance in August 2023, with the total value of transactions reaching AED 34 billion, up 40% from the same month last year. The number of transactions also increased by 30%, to 12,000.

Here is a comparison of the Dubai real estate market performance in August 2023 with the same month last year and the previous month:

  • Total value of transactions: AED 34 billion (up 40% from August 2022)
  • Number of transactions: 12,000 (up 30% from August 2022)
  • Average apartment price per square foot: AED 1,400 (up 18% from August 2022)
  • Average villa price: AED 170,000 (up 25% from August 2022)

Highest Price Land Sales in August 2023

Area Property Type Amount
Jabal Ali First Land 11.941 million
Palm Jumeirah Land 12.75 million
Mudon Land 3 million
Jumeirah Village Triangle Land 17 million

Most Selling OFF Plan Apartments in August 2023

Area Count Amount
Kyoto by Oro24 317 249 million
Canal Heights 265 509 million
Fashionz 1 by Danube 232 262 million
Sobha Hartland – Crest Grande 218 531 million
Bayview 202 1.67 billion

Most Selling OFF Plan Villas in August 2023

Area Count Amount
The Valley – Rivana 412 1.46 billion
Mudon Al Ranim 6 177 498 million
South Bay 2 113 366 million
Arabian Ranches lll – May 111 317 million
The Valley – Elora 23 40 million

Most Selling Ready Apartments in August 2023

Area Count Amount
Micasa Avenue 61 206 million
Remraam 40 24 million
Sobha Creek vistas Reserve 36 35 million
Act One | Act Two 36 110 million
Midtown – Mesk 33 37 million

Most Selling Ready Villas in August 2023

Area Count Amount
The Fields at D11 – Mbrmc 32 111 million
Parkside 27 38 million
Parkside 3 22 31 million
Villanova Amaranta B 18 29 million
Arabian Ranches Iii – Joy 18 33 million

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