Mo’asher – October 2021
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 2020 as a whole and is already the highest yearly sales figure since 2015.
“Villa townhouse index is the one in focus right now because over the past 6 months it has increased by almost 14%. Can you put an explanation over here please.”
In October 2021, 60 percent of all transactions were for secondary/ready properties and 40 percent were for off-plan properties. When we look at the volume of transactions, the off-plan market transacted 2,133 properties worth a total of AED 4.4 billion.