Dubai Real Estate Market Report Q2 2022
The overall residential transactions volume increased by 11% compared to the previous quarter. Off-plan transactions volume increased 8% quarterly while ready transactions volume increased by 13%. Compared to the same period last year, the overall residential transactions volume increased by 46% where off-plan transactions grew by 51% and ready transactions by 43%.
The value of overall transactions increased by 15% compared to the previous quarter. Off-plan transactions value increased 17% quarterly while ready transactions value grew by 14%. Compared to the same period last year the total value of transactions increased by 62% where off-plan transactions value increased by 101% and ready transactions value increased by 46%.
The quarter-wise transaction volume and value (off-plan, ready and overall) has been highest for any quarterwhen compared to past several years