Weekly Report | Dubai Real Estate Market – Residential | Week 38 – September 2023
In the 38th week, there were a total of 1,056 transactions in residential units in Dubai. This represents a decrease of 25% compared to the previous week. In terms of the total value of transactions for this week, it amounted to AED 2.37 billion, which is a decline of 16% 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 1,172 AED per square foot, and the median size of all the transacted apartments was 1,150 square feet.