Dubai’s real estate market witnessed 6,651 real estate transactions worth $4.98 billion (AED 18.3 billion) in May 2022, marking the highest figures for the month of May in 13 years in terms of real estate sales volume and value.
The transaction figures reported in May 2022 also marks a 51.5 percent increase year-on-year for sales volume and a 65.4 percent increase for sales value compared to May 2021.
The director of Data and Digital Transformation at Allsopp & Allsopp, Lynnette Sacchetto, said: “The Dubai real estate market continues to consistently show steady growth month-on-month when compared to last year. Also, just like last month, we saw a repeat in trend with May being the second-highest on record for sales volume and value, with May 2009 being the highest.
Distance to the sea: 100 mCompletion year: III quarter, 2026, off-plan Cedar - Creek Beach - Dubai - UAE
Creek
1900m
Al Jadaf
2700m
Dubai Healthcare City
4000m
The project will consist of four buildings with 7-9 floors each. The complex will offer apartments with 1-3 bedrooms overlooking the green park.
Spacious balconies and terraces will allow the natural... Details
Distance to the sea: 14.8 kmCompletion year: II quarter, 2025, off-plan 26HQ+H2G - Motor City - Dubai Studio City - Dubai - UAE
Dubai Internet City
10300m
Al Khail (formerly Nakheel)
104000m
SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
10500m
Samana Mykonos is a new building in Dubai from the developer Samana Developers. The building is being built just a 20-minute drive from the center of Dubai in the multifunctional area of Dubai Studio... Details
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