The total value of real estate transactions in Dubai last year broke a 12-year record, reaching 151.07 billion dirhams.
In 2021, 59.6% of all transactions accounted for secondary/finished real estate and 40.4% for off-plan projects. 24,761 real estate units worth 45.5 billion dirhams were sold on the off-plan real estate market, and 36,480 real estate units worth 105.56 billion dirhams were sold on the secondary real estate market. This is also the highest value of transactions for the sale of secondary real estate since 2008.
Compared to 2020, the Dubai real estate sector showed an increase in the volume of purchase and sale transactions by 74.77% and an increase in value by 110.19%. But compared to the pre-COVID period, in 2021 the volume increased by 55.47%, and the cost increased by 90.10%.
Expo-2020 in Dubai has also had an impact on the local real estate market. Since its launch on October 1, 2021, a total of 17,942 purchase and sale transactions worth 46.75 billion dirhams have been completed in the Dubai real estate market.
Distance to the sea: 9 kmCompletion year: IV quarter, 2023, off-plan 25H3+H42 - Jebel Ali Village - Al Furjan - Dubai - UAE
Al Furjan
180m
Discovery Gardens
1000m
The Gardens
2400m
Avenue Residence 4 in Dubai
Avenue Residence 4 in Dubai, UAE, is a new project in the Al Furjan neighbourhood. The building consists of 12 floors:
first floor with a lobby and concierge... Details
Distance to the sea: 7 kmCompletion year: IV quarter, 2026, off-plan 3653+QHJ - Jumeirah Village - Jumeirah Village Circle - Dubai - UAE
SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
6000m
Al Khail (formerly Nakheel)
5600m
Dubai Internet City
5600m
Azizi Ruby is where contemporary living harmonizes with the vibrant lifestyle of Jumeirah Village Circle. Nestled in one of Dubai's most popular residential communities, it offers a perfect blend of... Details
This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.