NOVEMBER RESULTS

NOVEMBER RESULTS

NOVEMBER RESULTS – REAL ESTATE MARKET RECORDS

According to the report of the Dubai Land Department: – In November 2022, 11,093 property sales transactions worth $8.3 billion were completed in Dubai. This is the highest November record ever. 5,844 transactions worth $4.8 billion – secondary and ready properties 5,249 transactions worth $3.5 billion – off-plan properties Compared to November 2021:

  • – Transaction volume increased by 62.22%
  • – Transaction value increased by 72.86%

Compared to October 2022:

  • – Transaction volume increased by 28.48%
  • – Transaction value increased by 21.62%

TOP areas for sales: Apartments

  • 1. Sobha Hartland
  • 2. Business Bay
  • 3. Palm Jumeirah
  • 4. JVC

Villas & Townhouses

  • 1. Wadi Al Safa 5
  • 2. Al Hebiah Sixth
  • 3. The Field
  • 4. Madinat Al Mataar
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