In May 2022, 6,635 property sales transactions worth $4.9 billion were completed in Dubai.
This is the highest figures for the month of May since 2009.
3,883 transactions worth $3.2 billion – secondary and ready properties
2,752 transactions worth $1.7 billion – off-plan properties
Compared to May 2021:
- The value of transactions in the secondary market increased by 42%
- The value of transactions in the primary increased by 147%
Apartments
- 1 Burj Khalifa
- 2 Business Bay
- 3 Dubai Creek Harbour
- 4 Dubai Marina
- 1 Madinat Al Mataar
- 2 Wadi Al Safa 5
- 3 Wadi Al Safa 7
- 4 Emirates Living
9% – Villas
73% – Apartments
18% – Land plots
Source: Arabian Business