- News
- Results of Dubai Real Estate Market in H1 2023
Results of Dubai Real Estate Market in H1 2023
According to Dubai Land Department (DLD), from January to June 2023, 61,011 property sales transactions worth $49 billion were registered in Dubai:
- Existing Properties – 30,393 sales transactions of $29.6 billion
- Off-plan Properties – 30,618 sales transactions of $19.2 billion
Compared to H1 2022, the total sales transactions increased by 42% in volume and by 58% in value:
- The number of ready transactions increased by 19.8%, the value – by 36,6%
- The number of off-plan transactions increased by 74.1%, the value – by 104.6%
TOP Sales Areas:
Apartments:
- Jumeirah Village Circle
- Dubai Creek Harbour
- Business Bay
- Dubai Marina
Villas and Townhouses:
- Wadi Al Safa 5
- Al Yelayiss 2
- Al Yufrah 1
- The Field
More about real estate
Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.
Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.
all podcasts
Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.
All articles