Dubai residential capital values rose

Dubai residential capital values rose

  • News
  • Dubai residential capital values rose in November 2022

Dubai residential capital values rose in November 2022 according to the ValuStrat Index (VPI).

Compared to October 2022, VPI rose by 0.8%: For villas – by 1.0% For apartments – by 0.5% Compared to November 2021, VPI rose by 13.7%: For villas – by 22.3% For apartments – by 6.9% Areas with the highest annual capital gains: Villas

  • Arabian Ranches – 27.5%
  • Jumeirah Islands – 26%
  • Emirates Hills – 23.6%

Apartments

  • Palm Jumeirah – 14.7%
  • Burj Khalifa – 11.2%
  • JBR – 11.1%

Arada, a leading real estate developer in Sharjah, has awarded two contracts worth $256 million.

—— Contracts were concluded with contractors Pivot Engineering & General Contracting and Intermass Engineering & General Contracting for the construction of 986 new houses in the Masaar project. In November, the developer announced record sales.

Telegram channel
Expert Real Estate Insights

Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.

AX Talk
AX Talk

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
AX Blog
AX Blog

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
Prompt consultation

Fill form below and our agent will contact you shortly

Or contact us right now via WhatsApp