July 2023 Results – Real Estate Market Records

July 2023 Results – Real Estate Market Records

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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:


  1. Jumeirah Village Circle
  2. Sobha Hartland
  3. Jumeirah Lake Towers
  4. Arjan

Villas and Townhouses

  1. Wadi Al Safa 5
  2. Al Hebiah Sixth
  3. Wadi Al Safa 2
  4. Emirate Living
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