Total sales for Q3, 2022

Total sales for Q3, 2022

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  • Total sales in real estate sector, Dubai

TOTAL SALES FOR Q3, 2022

Dubai real estate sector registered 25,496 sales transactions worth $18.9 billion according to Dubai Land Department. These are the highest indicators of Q3 since 2010. Among them: 54% – 13,722 sales transactions of $12.3 billion for secondary and ready properties 46% – 11,774 sales transactions of $6.6 billion for off-plan This is the highest value of off-plan property sales transactions since December 2013. Compared to Q3 2021:

  • Transaction volume increased by 60%
  • Transaction value increased by 64%
  • Apartment rentals increased by 26%
  • Villa rentals increased by 28%

TOP areas for sales: Apartments

  • Business Bay
  • Burj Khalifa
  • Jumeirah Village Circle
  • Dubai Marina

Villas & Townhouses

  • Al Furjan
  • Al Hebiah Fourth
  • Al Hebiah Sixt
  • Al Thanyah Third
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