Dubai real estate market reports highest number of transactions since 2010 – Arabian Business

Dubai real estate market reports highest number of transactions since 2010 – Arabian Business

Dubai’s real estate market recorded 25,972 transactions in Q1 2022, the highest number reported for a single quarter since 2010, and the highest volume since Q1 2014, according to the Mo’asher, Dubai’s official sales and rental performance index launched by Dubai Land Department (DLD).

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.

For the quarter, the sales index was recorded at 1.251 and an index price of AED1,186,002, with apartments recorded at 1.26 with an index price of AED1,067,385, and villas/townhouses recorded at AED2,094,633.