Dubai Land Department Reports Highest-ever Quarterly Real Estate Transactions since 2010
- Date: 27-Apr-2022
- Source: Dubai Chronicle
- Sector:Real Estate
- Country:UAE
Dubai Land Department Reports Highest-ever Quarterly Real Estate Transactions since 2010
Dubai’s real estate market recorded a total of 25,972 real estate transactions in Q1 2022, marking it the highest number of real estate transactions since 2010 registered in a single quarter and the highest volume since Q1 2014.
The Mo’asher, Dubai’s official sales and rental performance index launched by Dubai Land Department (DLD) in cooperation with Property Finder, highlighted Dubai’s real estate market significant growth and continuous upward trend while it continues to provide vital insights and transparency into the Dubai real estate market.
In March 2021, the overall monthly Index for sales recorded 1.249 and an index price of AED 1,215,672, the apartments monthly Index recorded 1.285 and an index price of AED 1,100,294, and the villas/townhouses monthly Index recorded 1.297 and an index price of AED 2,100,519.
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