in a new record
A report issued in the Emirate of Dubai showed that the sales of residential units (apartments and villas) in the real estate market in the emirate set a new record since the beginning of 2023, as it achieved more than 80 billion dirhams, resulting through 39,690 transactions, exceeding in terms of number and value the total achieved in The whole year of 2021, and more than half of what was achieved in the whole of 2022.
The data showed that sales were distributed among 35,300 transactions of selling apartments, at a value of 68.76 billion dirhams, and 4,390 transactions of selling villas, at a value of 11.9 billion dirhams.
And the year 2021 had recorded sales of apartments and villas, with a value that touched 58.7 billion dirhams, resulting in 27,245 deals, while sales of residential units in the first half of 2022 achieved about 114.5 billion dirhams, according to what was published by the Emirati “Gulf”.
Villa sales in Dubai increased 26% during 2022 to 25 billion dirhams, compared to 19.9 billion dirhams in 2021, and the number of villas sold increased 15% from 8,726 villas in 2021 to 10,077 in 2022.
According to the available data on apartment sales, the year 2022 recorded more than 63,367 apartment sales transactions at a value of 121.5 billion dirhams, compared to 36,170 deals worth 58.7 billion dirhams in 2021.
2023-05-18 10:24:33
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