Dubai Land Department data showed that Al Barsha South Fourth headed the list with 10,351 transactions, followed by Dubai Marina and Business Bay
Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn
The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn
The total number of real estate transactions in 2022 reached 91,507, compared to 84,238 recorded during the previous year
A total of 350 real estate projects are currently being developed in the emirate
Investors will be able to access multiple investment themes focused on innovation and long-term growth
Despite the impact of the pandemic, luxury homes in Dubai remain in high demand
Deliberations are ongoing and no final decision has yet been taken
The total number of real estate sales transactions that took place last year were also the highest since 2013
The month of September recorded 5,762 sales transactions worth Dhs16.2bn
The chamber’s total membership count has scaled past 275,000
A total of 55 per cent of all transactions were for secondary/ready properties, while 45 per cent were for off-plan properties
Dubai recorded 15,638 transactions worth Dhs36.86bn in Q2 2021
Once implemented, ADIB customers can authenticate their e-commerce transactions by using their mobile application biometric authentication
Of the transactions, 71 per cent were for apartments and 29 per cent for villa/townhouses
The 2020 figures marked a 23 per cent rise from 13 million completed in 2019
This year’s edition of Cityscape was co-created with regional real estate industry stakeholders
The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions