Analysis of the real estate market in Dubai for June 2023

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Number of transactions per month

During the month, 10457 transactions were made for a total amount of 30.4 billion AED, of which:

Apartments – 8207 transactions (up 39.9% ⬆️ than in June 2022);

Will – 803 trades (at 63.3% ⬇️)

Real estate prices have increased compared to June 2022:

— at ⬆️8.3% up to AED 1.3 million — apartments

- at ⬆️23.3% up to AED 2.4 million - villas

Dubai Marina – 1014 deals

Jumeirah Village Circle - 867

Mohammed bin Rashid City - 550

Jumeirah Lakes Towers – 544 deals

Dubai Creek Harbor - 491

Based on the presented graphs, we see a constant increase ⬆️ in the number of sales and property values since 2018 (above the average 10-year value).