The Dubai real estate market saw significant growth in 2022, with total property transactions up 59.5% and total sale value increasing 76.1% compared to 2021. Apartment sales comprised 71.1% of the market, totaling 67,702 transactions with a total value of AED 130.3 billion. Business Bay, Dubai Marina, and Jabal Ali First saw the highest numbers of property sale transactions, while off-plan properties continued to outnumber ready properties sold.
The Dubai real estate market saw significant growth in 2022, with total property transactions up 59.5% and total sale value increasing 76.1% compared to 2021. Apartment sales comprised 71.1% of the market, totaling 67,702 transactions with a total value of AED 130.3 billion. Business Bay, Dubai Marina, and Jabal Ali First saw the highest numbers of property sale transactions, while off-plan properties continued to outnumber ready properties sold.
The Dubai real estate market saw significant growth in 2022, with total property transactions up 59.5% and total sale value increasing 76.1% compared to 2021. Apartment sales comprised 71.1% of the market, totaling 67,702 transactions with a total value of AED 130.3 billion. Business Bay, Dubai Marina, and Jabal Ali First saw the highest numbers of property sale transactions, while off-plan properties continued to outnumber ready properties sold.
The Dubai real estate market saw significant growth in 2022, with total property transactions up 59.5% and total sale value increasing 76.1% compared to 2021. Apartment sales comprised 71.1% of the market, totaling 67,702 transactions with a total value of AED 130.3 billion. Business Bay, Dubai Marina, and Jabal Ali First saw the highest numbers of property sale transactions, while off-plan properties continued to outnumber ready properties sold.