January results – real estate market records

January results – real estate market records
According to the digital platform, Property Finder, Dubai recorded 5,797 property sales transactions worth $4.5 billion in January 2022.

This is the best January ever on record.

Compared to December 2021, transaction volume increased by 3.5% and value increased by 6.4%.

Compared to January 2021, transaction volume increased by 74.6% and value increased by 145.3%.

3,091 transactions worth $3 billion – secondary and ready properties

2,706 transactions worth $1.4 billion – off-plan properties

Compared to December 2021:
  • Secondary volume increased by 1.7% and value increased by 13.7%
  • Off-plan volume increased by 5.58% and value decreased by more than 6%
Compared to January 2021:
  • Secondary volume increased by 30.7% and value increased by 106.8%
  • Off-plan volume increased by 184% and value increased by 307.9%
Source: Khaleej Times