Mo’asher Sales Price Index – February 2022
February 2022 continues the strong, upward trend in all aspects of real estate sales transactions, with 6,357 total sales transactions making it the highest February ever in terms of sales volumes worth AED 16.28M which is a 71 percent increase in volume and 125 percent increase in value year-on-year. In February, 59.6 percent of all transactions were for secondary/ready properties and 40.4 percent were for off-plan properties. When we look at the volume of sales transactions, the off-plan market transacted 2,571 properties worth a total of AED 4.4 billion. The ready market transacted 3,786 transactions worth AED 11.88 billion.