Dubai Real Estate Market – Residential | Monthly Report – September 2023 

2023-10-20T13:26:37+00:00

In September 2023, there were a total of approximately 6,368 residential transactions. This represented a 23% decrease compared to the previous month. The significant portion of this decline was observed in off-plan transactions, which experienced a notable 57% month-on-month decrease.

Dubai Real Estate Market – Residential | Monthly Report – September 2023 2023-10-20T13:26:37+00:00

Weekly Report 41 | Dubai Real Estate Market – Residential | October 2023

2023-10-16T12:21:09+00:00

In the 41st week, Dubai recorded 1,194 residential unit transactions, marking a notable 58% rise from the prior week. The total transaction value for the week reached AED 2.16 billion, representing a 19% increase compared to the preceding week.

Weekly Report 41 | Dubai Real Estate Market – Residential | October 20232023-10-16T12:21:09+00:00

Weekly Report | Dubai Real Estate Market – Residential | Week 40 – October 2023

2023-10-09T13:09:15+00:00

In the 40th week, there were a total of 757 transactions in residential units in Dubai. This represents a decrease of 33% compared to the previous week. The total value of transactions for this week amounted to AED 1.81 billion, which is a decline of 20% compared to the previous week's figures.

Weekly Report | Dubai Real Estate Market – Residential | Week 40 – October 20232023-10-09T13:09:15+00:00

Weekly Report 38 | Dubai Real Estate Market – Residential | September 2023

2023-09-26T06:36:55+00:00

In the 38th week, there were a total of 1,056 transactions in residential units in Dubai. This represents a decrease of 25% compared to the previous week. In terms of the total value of transactions for this week, it amounted to AED 2.37 billion, which is a decline of 16% when compared to the previous week's figures.

Weekly Report 38 | Dubai Real Estate Market – Residential | September 20232023-09-26T06:36:55+00:00

Weekly Report 34 | Dubai Real Estate Market – Residential | August 2023

2023-08-29T11:52:45+00:00

During the 34th week, the cumulative count of transactions reached 1,574, signifying a notable 29% contraction when juxtaposed with the previous week's figures. Notably, the week's monetary value stood at AED 3.39 Billion, marking a substantial 31% decline relative to the preceding week.

Weekly Report 34 | Dubai Real Estate Market – Residential | August 20232023-08-29T11:52:45+00:00

Dubai Real Estate Market Report Q2 2023

2023-08-21T12:46:19+00:00

The Central Bank revised its earlier estimate of the non-oil GDP for UAE in 2022 from 6.6% to 7.2%. The Bank now expects non-oil GDP to grow by 4.5% and 4.6% in 2023 and 2024 respectively. As per the review, the oil-GDP of UAE grew by 3.1% year-over-year conforming with the rules agreed by OPEC+. Oil-GDP is expected to grow by 3.5% in 2024 as per the Central Banks projections.

Dubai Real Estate Market Report Q2 20232023-08-21T12:46:19+00:00

Weekly Report 32 – Dubai Real Estate Market – Residential | August 2023

2023-08-16T12:33:53+00:00

During the current week, transactions of residential units in Dubai witnessed a notable decline of 25% compared to the preceding week. Last week, a total of 2002 transactions took place, whereas this week saw 1510 transactions.

Weekly Report 32 – Dubai Real Estate Market – Residential | August 20232023-08-16T12:33:53+00:00