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With 10,853 sales in 2022, the Business Bay area had the most real estate transactions in Dubai. Dubai Marina (10,074), Al Barsha South 4 (7,338), Burj Khalifa (6,955), Al Merkadh (6,133), Al Hebiah 5 (5,868), Jebel Ali 1 (5,242), Hadaeq Mohammad bin Rashid (4,777), Al Thanyah 5 (4,590) and Palm Jumeirah (4,183) there were other regions in the list of TOP 10 sites where the largest number of transactions were registered.
Dubai's growing reputation as one of the best cities to live and work in, as well as its outstanding infrastructure and hospitable rules, has contributed to the increase in the number of real estate transactions.
The sector's performance contributes to the achievement of the goals of the Dubai Economic Program D33, which was established by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The program aims to double the emirate's economy by 2033 and strengthen Dubai's position as one of the three largest cities in the world.
Wadi Al-Safa 3 district ranked first in terms of transactions in 2022 with more than 47.1 billion dirhams, followed by Palm Jumeirah (40.48 billion dirhams), Nad Al Sheba 1 (32.83 billion dirhams) and Dubai Marina (32.71 billion dirhams). In 2022, a total of 122658 real estate transactions worth 528 billion dirhams were registered in Dubai.
