Weekly Report | Dubai Real Estate Market – Residential | Week 31 – August 2023

Residential volume across Dubai increased significantly by 40% during this week as compared to last week, which recorded a total of 2,003 transactions over 1,425 transactions in the previous week.

In terms of value, the overall residential value increased by 60% over the previous week, wherein off-plan transactions increased by 29% and ready transactions increased by 130%. Overall AED 4.87 billion worth of transactions were recorded this week against AED 2.93 billion in the last week.