Dubai Real Estate in Numbers (Year 2022)
97,398 Sales Transactions with a value of over 265.4 billion AED is what Dubai land department witnessed as a record – breaking transactions in 2022 ( Source Dubai Land Department Open Data )
Over 61% increase in year -on- year sales transaction vs 2021 and 77% increase in sales value during the same period …📈
Highest Villas transaction:
- 600,000,000 AED – Palam Jumeirah.
- 302,500,000 AED – Palam Jumeirah.
- 280,000,000 AED – Palam Jumeirah.
Highest apartment transaction:
- 163,461,539 AED the Royal Atlantis – Palam Jumeirah .
- 145,000,000 AED – Jumeirah living .
- 133,150,000 AED – Bulgari lighthouse.
Off plan vs ready properties.
Transaction Volume:
- 97,398 unites ( 55% Ready Vs 45% offplan )
Transaction Value :
- 265.4 Billion AED ( 64% Ready vs 36 % Offplan)
Top residential sales area in 2022 (Apartments)
- Business bay
- Jumeirah Village Circle
- Downtown Dubai
- Dubai marina
- Dubai Creak Harbour
- Palam Jumeirah
- Sobah Hartland
- Arjan
- Dubai Hills Estate
- Dubai Harbour
Top residential sales area in 2022 ( villas and townhouses)
- Dubai South
- Damac Hills 2
- Villanova
- Arabian Ranches 3
- Mudon
- Dubai hills Estate
- The valley
- Tilal Al Ghaf
The Real estate market in Dubai remains highly affordable compering with many cities globally, The city presents a compelling opportunities for investment , offering a unique blend of safety , attractive return on investment and unparalleled lifestyle .
Dubai Government continuous efforts have positioned the city as one of the top destinations globally when it comes to investment opportunities.