June results – real estate market records

June results – real estate market records

According to the report of the Dubai Land Department: –In June 2022, 8,827 property sales transactions worth $5.2 billion were completed in Dubai. These are the highest numbers since 2009. Achieved 70.8% of the total 2021 sales volume. 5,331 transactions worth $4.3 billion – secondary and ready properties 3,496 transactions worth $1.9 billion – off-plan properties Compared to June 2021:

• The sales volume increased by 41.23%
• The transaction value increased by 54.9%

TOP areas for sales: Apartments

• Burj Khalifa
• Dubai Creek Harbour
• Business Bay
• Dubai Marina

Villas & Townhouses

• Madinat Al Mataar
• Wadi Al Safa 5
• Emirates Living
• Sustainable City

Of the total value of property sales transactions:

• 21% – Villas
• 70% – Apartments
• 9% – Land plots