Weekly Report | Dubai Real Estate Market – Residential | Week 17 – April 2023

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.

In terms of Value, the overall residential value also bounces back from last week, registering a three-digit growth WoW. Overall AED 3.53 billion worth of transactions were recorded this week as compared to AED 1.60 billion. The maximum upside was witnessed in villa transactions where both volume and value registered an impressive growth from the previous week.