Dubai Real Estate had over 84,196 real estate transactions in 2021 worth almost AED 300 billion. The value of these transactions is the highest its ever been in the recorded history of Dubai Real Estate. Compared to 2020, the volume of transactions grew by 66.3 percent and the value of transactions grew by 72%. 2021 […]
Author Archives: Faisal Zaidi
October 2021 had 5,352 transactions worth AED 13.12 billion, making it the best October on record for the past eight years. Including October 2021, this brings the year to date total to 48,651 sales transactions worth AED 177.44 billion. In just 10 months, the value of real estate sales transactions is 63.4 percent more than […]
The growth of the monthly sales transactions and their values leading up to EXPO202 has been exceptional, but none as significant as September 2021. Last month not only had the highest value of real estate sold in a single month since December 2013 but also crossed the AED 100 billion mark in sales transactions for […]
After a relatively quiet July because of the Eid al Adha holidays, August bounced back to the growth trajectory the Dubai Real Estate Market has been on since the end of last year. August 2021 is now the second highest month after June 2021 since December 2013 for the highest number of sales transactions in […]
July 2021 was a relatively quiet month due to many deciding to travel after a year of uncertainty. Despite this, July did very well, the sales volume and index increased. July 2021 had 4,384 transactions worth AED 11.18 billion, making it the best July on record in the past 12 years. This brings the year […]
June 2021 had the highest total sales transaction volume since December 2013, making it the highest monthly volume of property sales transactions in eight years. June 2021 had 6,388 transactions worth AED 14.79 billion, 44.33 percent more than May 2021 in terms of volume and 33.2 percent more in terms of value. High sales transaction […]
May 2021 had the highest total sales transaction value since March 2017 in excess of AED11.11 billion. This is the highest value of property transactions in four years. May 2021 had 4,429 transactions worth AED 11.11 billion, 1.4 percent more in terms of value. This brings the year to date total to 20,989 transactions worth […]
April 2021 had the highest total sales transaction value since March 2017 in excess of AED10.98 billion. This is the highest value of property transactions in four years. April 2021 had 4,382 transactions worth AED 10.98 billion, 4.2 percent more than March 2021 in terms of volume and 0.6 percent more in terms of value. […]
Since H2 of 2020, we have seen records broken in certain segments of the real estate sector and in March 2021, we saw bigger records broken. According to records registered with Dubai Land Department March 2021 had 4,643 transactions worth AED 10.93 billion, 23 percent more than February 2021 in terms of volume and 47 […]
In H2 2020, the Dubai residential sector had a few record breaking months and this trend continued into January 2021, where we saw the secondary/ready market with the highest number of transactions in a single month over the past years. February was no different, according to Data from Dubai Land Department , February 2021 had […]