Weekly Report | Dubai Real Estate Market – Residential | Week 35 – August 2023

In the 35th week, there were a total of 1,532 transactions in residential units in Dubai. This represents a slight decrease of 3% compared to the previous week. 

In terms of the total value of transactions for this week, it amounted to AED 3.11 billion, which is a modest decline of 8% when compared to the previous week’s figures. Out of all the transactions conducted during the week, the median rate for apartments was found to be 1,355 AED per square foot, and the median size of all the transacted apartments was 941 square feet.