Reports

Avg. Sales Price
Avg. Sales Price
Avg. Sales Price
Avg. Sales Price

The Official Sales Price Index, December 2023

With 11,021 registered transactions worth AED 40.619 Billion, December recorded the highest performance for the month of December ever recorded. The market witnessed a 21.55% year-on-year increase in terms of volume and 59.76% in terms of value.

 

Both existing and off-plan sales recorded an outstanding performance for the month of December. The off-plan transactions grew by 21.41%, and the value of off-plan transactions increased by 30.74% by recording AED 14,179 Billion compared to December 2022 to record a new peak. While the existing properties witnessed a 21.69% increase compared to December 2022 in addition to a 81.34% increase in terms of value compared to the same period.