Monthly Property Report

Dubai's real estate market continued its upward trajectory in January 2024, with a significant increase in sales transactions and property values. According to Property Finder, there was a 17% year-on-year increase in recorded sales transactions, exceeding 11,000 compared to 8,712 in January 2023. The total value of transactions also surged by 27%, reaching nearly AED 35 billion. Apartment Sales Lead the...

The Dubai property market maintained its buoyant trajectory in December 2023, recording a total of 11,287 property sale transactions, underlined by an impressive total sales value of AED 41.3 billion. A testament to sustained investor confidence and the emirate's enduring appeal as a global living and investment destination. Apartments: Average price per square foot increased by 18.3% from AED 572 in...

The Dubai real estate market continued its strong performance in the first week of September 2023, with the total transaction value reaching AED 10 billion. This is up from AED 8 billion in the previous week, and represents a 25% increase. The surge in transaction value was driven by strong demand for both residential and commercial properties. In the residential market, there were over 2,000 property...

Dubai has once again cemented its position as the top destination for luxury real estate in the world. In the first half of 2023, the emirate saw a total of AED 30 billion worth of luxury property transactions, an increase of 20% from the same period last year. This was driven by strong demand from both local and international buyers, who were attracted by Dubai's safe and secure environment, excellent...

The Dubai real estate sector has experienced robust activity over the past week, witnessing a remarkable total of 4,925 transactions amounting to a substantial AED 15.6 billion (equivalent to USD 4.2 billion). These figures have been sourced directly from the official Dubai Government website, where the DLD openly provides up-to-date real estate transaction data on a daily basis. Off plan properties...

Dubai's real estate market continued to perform strongly in October 2023, with sales transactions and prices rising across all asset classes. According to data from the Dubai Land Department, there were a total of 7,523 real estate sales transactions registered in October, up 8.3% from the same month last year. The total value of transactions reached AED 19.5 billion, up 12.6% year-on-year. The...

The Dubai real estate market continued its upward climb in November 2023, with overall transaction volumes remaining robust. However, a closer look reveals a slight moderation in the ready apartment segment, while off-plan apartments and villas sustained their strong momentum. Ready apartments: Transactions dipped by 16.8% compared to November 2022, suggesting a potential plateauing in this...

The Dubai real estate market continued its impressive performance in September 2023, with total sales transactions reaching AED 26.1 billion, according to data from Dubai Land Department. This represents a 56% increase from the same period last year. The off plan market continued to be a major driver of growth, with sales accounting for 55% of all transactions in September. This was largely due to the...

Dubai's real estate market continued to heat up in July 2023, with the total value of transactions reaching AED 10.6 billion. This was a 34.1% increase from the same month last year, and the highest monthly value recorded in a decade. The residential property market was the most active, accounting for 85.3% of the total transaction count and 79.2% of the total transaction value. The commercial property...

Dubai's real estate market continued to heat up in July 2023, with the total value of transactions reaching AED 10.6 billion. This was a 34.1% increase from the same month last year, and the highest monthly value recorded in a decade. The residential property market was the most active, accounting for 85.3% of the total transaction count and 79.2% of the total transaction value. The commercial property...