Weekly Report | Dubai Real Estate Market – Residential | Week 24 – June 2023

The optimistic trend across Dubai’s residential real estate market has also continued into this week. However, an 8% decline has been recorded in the volume of transactions, the value of total sales deals increased by 4% from the previous week indicating the investors’ confidence in the market that is conducive for growth.

Total residential activity in Dubai recorded 1,925 apartment and villa transactions during the week, worth AED 4.66 billion as compared to 2,090 transactions worth AED 4.48 billion in the previous week. The maximum upside was witnessed in the value of off-plan transactions.