Weekly Report | Dubai Real Estate Market – Residential | Week 28 – July 2023

Residential volume across Dubai increased marginally by 5% during this week compared to last week, which recorded a total of 1,682 transactions over 1,601 transactions in the previous week.

In terms of value, the overall residential value reduced slightly by 2% over the previous week. A 3% reduction in value was recorded in the off-plan sales deals while ready transactions remained the same. Overall, AED 3.92 billions worth of transactions were recorded this week against AED 3.98 billions in the last week. The transactional value of villa deals was the most affected in the week gone by.