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- July 2023 Results – Real Estate Market Records according to the DLD report
July 2023 Results – Real Estate Market Records according to the Dubai Land Department report
– In July 2023, 11,092 property sales transactions worth $10.3 billion were completed in Dubai.
This is the highest figure for the month of July since 2010.
Property deals show a 55% volume rise and an 80% value increase compared to July 2022.
- 5,889 transactions worth $6.9 billion – Existing Properties
- 5,203 transactions worth $3.4 billion – Off-plan Properties
Compared to July 2022:
- Existing volume rose by 40%, the value went up by 71%
- Off-plan volume increased by 75%, the value rose by 98%
TOP Sales Areas:
Apartments
- Jumeirah Village Circle
- Sobha Hartland
- Jumeirah Lake Towers
- Arjan
Villas and Townhouses
- Wadi Al Safa 5
- Al Hebiah Sixth
- Wadi Al Safa 2
- Emirate Living
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