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Weekly Report | Dubai Real Estate Market – Residential | Week 37 – September 2023

This week in Dubai witnessed an exceptional surge in ready transactions. In contrast to the typical trend, there were notably more transactions in the category of ready sales compared to off-plan sales. Usually, off-plan transactions outnumber ready transactions, but this week was an exception.

The week saw a total of 1127 transactions in ready sales, marking a remarkable 153% increase compared to the previous week. In terms of value, ready transactions this week accounted for AED 2.15 billion, representing a substantial 179% increase compared to the previous week.”