Dubai Real Estate Transactions

Real Estate Transactions Have Experienced Substantial Expansion During The Initial Nine Months Of 2023. Dubai's real estate market witnessed significant growth in the first nine months of 2023. Transaction value increased by an impressive 36.7%, and the number of transactions rose by 33.8% compared to 2022. During this period, there were 116,116 real estate transactions with a total value of Dh429.67...

In H1 2023, The Emirate Witnessed 76,119 Real Estate Transactions, Totaling Dh283 Billion In Value. Due to foreign investments and an increase in inhabitants who are switching from tenants to owners, Dubai's real estate market has been expanding at an exponential rate. According to the most recent information provided by the Dubai Land Department, the emirate had 76,119 real estate transactions...

The Enduring Allure Of Dubai As A Dynamic Business Hub Persists During the second quarter of 2023, Dubai's commercial real estate (CRE) market witnessed an extraordinary surge in sales transactions. Contributing to the emirate's real estate sector achieving its highest-ever semi-annual sales in the first half of the year. Compared to the same period in the previous year, the CRE market saw a...

Unprecedented Record Set As Jumeirah Bay Island Four-Bedroom Apartment Achieves New Heights A lavish penthouse with four bedrooms in the Bulgari Resort and Residences in Dubai just sold for an incredible Dh122 million. That Sets a new benchmark for the priciest ready penthouse sold in the city. The penthouse spans an entire floor, covering an area of 12,113 square feet. Indicating that the demand for...

Luxury Dubai Property Demand Reaffirmed With Sale Of 8-Bedroom Mansion On Lanai Island A mansion in the Tilal Al Ghaf villa community has been sold for Dh200 million. Setting a new price benchmark for the Majid Al Futtaim Properties project. The sale confirms the continuing strong demand for luxury homes in Dubai. Particularly those priced at Dh100 million and above. This sale comes just days after the...

Data From The Dubai Land Department Show That 1,999 Apartments And Villas Sold For A Total Of Dh4.59 Billion. While 311 Plots Achieved A Dh2 Billion Profit. According to data from the Dubai Land Department (DLD), the real estate market in Dubai had 2,785 real estate transactions. Totaling Dh10.3 billion during the week ending February 10, 2023. According to the DLD data, 311 plots were sold for Dh2...

Will It Be Another Record Year With 45 Purchases Involving Homes Worth Dh15 Million Or More? The Dubai property market is off to a rousing start in 2023. With 45 houses getting Dh15 million or more in the initial 15 days of the year. The perception is that the first quarter of 2023 will be just as robust for high-value residences. In the full year of 2022 when Dubai broke new records for the number of...

Most Apartment Deals Recorded By Jumeirah Second. For the week ending December 9, 2022, 3,186 real estate transactions totaling Dh91 billion recorded in Dubai. Data indicated that 2,233 flats and villas sold for Dh4.64 billion, while 419 plots were sold for Dh2.24 billion. The highest-priced deal of the week was the sale of a piece of property in Marsa Dubai for Dh265.69 million. That followed by...

147 Plots Sold For Up To Dh1.12 Billion, And 2,023 Homes And Villas Were Bought For Dh4.79 Billion. As per figures released by the Dubai Land Department, 2,703 real estate transactions totaling Dh8 billion took place during the week ending October 21, 2022.  A total of 147 plots were sold for Dh1.12 billion, and Dh4.79 billion was spent on 2,023 apartments and villas. The top deals involved two pieces...