Dubai’s weekly transaction volume and value (off-plan, ready and overall) recovered significantly from the previous week’s lows. Overall Volume rose by 71% during the week. The total number of transactions recorded this week (24th – 30th Apr 2023) was 1,503 as against only 881 sales transactions in the previous week.
Weekly Residential Transactions (both volume and Value) continued to decline further by 41% and 51% respectively from the previous week to record total transactions of 881 units only. Total transactions recorded in the previous week were 1,482 units.
Weekly Residential Transactions (both volume and Value) in Dubai continued to decline further in this week (3-9th Apr 2023). Residential Volume, on one hand, declined by 7% from the previous week to record total transactions of 1,520 units.
Residential activity across Dubai remained subdued for the week. Both the transaction volume and value of the sales deals continued to move southwards for the second consecutive week. Overall transaction volume reduced by 8% from the previous week to record a total volume of 1,629 units.
Dubai residential market ended this week with the highest number of sales transactions since the beginning of 2023. A total of 1,943 transactions were registered during this week (13-19th Mar 2023), witnessing a growth of 13% over the previous week. Over 1,700 sales deals were registered during last week.
Weekly transaction volume and value (off-plan, ready and overall) continue with their rising trend, this week also, registering a growth of 5% for the transactions volume and 9% in the overall value. The total number of transactions recorded this week was 1,715 as against 1,627 sales transactions in the previous week.
Dubai’s Residential sales activity (both volume and Value) during the last week of February 2023 declined over the previous week. Residential Volume decreased by 7% from the previous week to record total transactions of 1,375 units.
Weekly Residential Transactions (both volume and Value) in Dubai continued to decline further in this week (6-12th Feb 2023). Residential Volume decreased by 9% from the previous week to record total transactions of 1,362 units
The fifth week of 2023 (30 Jan – 5 Feb 2023) saw a marginal drop of 2% in residential volume across Dubai compared to the previous week. There were 1,497 transactions registered in total this week as opposed to 1,534 transactions the week before.
Dubai Residential Market reports. Real Estate (Residential) volume across Dubai increased marginally by 2% during the second week of January 2023 as compared to last week, which recorded a total of 1,927 transactions.
