August 2023 Results

August 2023 Results

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  • August 2023 Results – Real Estate

August 2023 Results – Real Estate Market Records

According to the Dubai Land Department data:

– In August 2023, 11,977 property transactions worth $9.22 billion were completed in Dubai.

This is the highest figures for the month of August since 2011, according to the digital portal, Property Finder.

Property deals show 23% volume rose and 40% value decreased compared to August 2022.

  • 5,010 transactions worth $4.59 billion – Existing Properties
  • 6,967 transactions worth $4.63 billion – Off-plan Properties

Compared to August 2022:

  • Existing volume went down by 5%, the value increased by 7%
  • Off-plan volume went up by 59%, the value rose by 102%

TOP Projects by Sales Value:


  1. Bayview
  2. Sobha Hartland, Crest Grande
  3. Sobha SeaHaven Tower A
  4. Canal Heights


  1. The Valley, Rivana
  2. South Bay 2
  3. Arabian Ranches lll, May
  4. Mudon Al Ranim 6

1st Place by Sales Volume:

  • Apartments – Kyoto by Oro24
  • Villas – The Valley, Rivana
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