Real estate market records

According to the report of the Dubai Land Department:

In September 2022, 8,644 property sales transactions worth $6.6 billion were completed in Dubai. This is the highest September record ever. 4,206 transactions worth $3.9 billion – secondary and ready properties 4,438 transactions worth $2.7 billion – off-plan properties Compared to September 2021:

• Secondary volume increased by 30.46% and value – by 32.39%
• Off-plan volume increased by 80.23% and value – by 94.13%

TOP areas for sales: Apartments

• Business Bay
• Dubai Hills Estate
• Arjan
• Jumeirah

Villas & Townhouses

• Al Yufrah 1
• Madinat Al Mataar
• Al Hebiah Sixth
• Dubai Investment Park First

Of the total number of property sales transactions:

• 76% – Apartments
• 14% – Land plots
• 10% – Villas