Dubai records more than 1800 property transactions in April during lockdown – The National

Dubai records more than 1800 property transactions in April during lockdown – The National

Dubai records more than 1,800 property transactions in April during lockdown. Total number of transactions valued at Dh3.62 billion, Property Finder says. Off-plan property sales dominated last month's transactions, accounting for 70 per cent of all activity, primarily in the communities of Villanova villas or townhouses and Dubai Creek Harbour for apartments, according to a new report by Data Finder, the data platform of Property Finder.. Top off-plan sales locations were The Lagoons in Dubai Creek Harbour with 123 transactions, Jumeirah Village Circle with 112, Villanova with 110, Umm Suqeim at 105 and Business Bay at 97 transactions.. The year-to-date total reached 12,254 sales transactions in Dubai worth Dh24.15bn.. Dubai Marina and Palm Jumeirah remained in dominant positions.. The top communities for apartment sales were Jumeirah Village Circle, Dubai Creek Harbour, Umm Suqeim, Downtown Dubai and Jumeirah Beach Residence.. Consumers' top property searches were focused on Dubai Marina and Palm Jumeirah with both areas accounting for 21 per cent of all searches in April.. Rental leads for villas in Dubai are also up for the second week in a row, a 56 per cent increase compared to the same week last year," Ms Abad added..