Results of May – Real Estate

Results of May – Real Estate Market Records

According to the report of the Dubai Land Department: – In May 2023, 11,713 property transactions worth $9.2 billion were completed in Dubai. – This is the highest figure for May since 2009. According to the digital portal, Property Finder: Property deals show a 78% volume increase and an 87% value rise compared to May 2022. 6,009 transactions worth $5.3 billion – secondary and ready properties 5,704 transactions worth $3.9 billion – off-plan properties Compared to May 2022: – Off-plan volume went up by 110%, and the value rose by 136% – Secondary volume increased by 55%, and the value went up by 62% TOP Areas for Sales: Apartments

• Jumeirah Village Circle
• Marsa Dubai
• Arjan
• Burj Khalifa

Villas and townhouses

• Wadi Al Safa 5
• Al Yelayiss 2
• Al Hebiah Sixth
• The Field

People who want to own:

• Apartment – 58.1%
• Villas and townhouses – 41.9%