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: 400 mCompletion year: III quarter, 2026, off-plan The Soure - Al Saadiyat Island - Cultural District - Abu Dhabi - UAE
The Source residential complex is a promising project by Aldar Properties, a famous UAE developer. The complex is being built on Saadiyat Island, one of the most attractive places to stay in Abu... Details
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