Real Estate Market Records Feb 2023 Results
According to the report of the Dubai Land Department:
– In February 2023, 8,988 property sales transactions worth $7.2 billion were completed in Dubai.
This is the highest transaction value since February 2013.
4,500 transactions worth $4.2 billion – secondary and ready properties
4,488 transactions worth $3 billion – off-plan properties
Сompared to February 2022:
– Volume rose by 30% and value grew by 71%
TOP areas for sales:
Apartments:
1. JVC
2. Business Bay
3. Dubai Marina
4. Dubai Creek Harbour
Villas & Townhouses
1. Wadi Al Safa 5
2. Al Yelayiss 2
3. Nad Al Shiba First
4. Villanova