An overview of the real estate market in Dubai 3nd Quarter 2022

An overview of the real estate market in Dubai, third quarter 2022

A report on the total sales in the real estate market in Dubai from the third quarter of 2022

Total real estate sales transactions
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Lands
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Commercial
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Villa
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Apartments
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69.5B AED

Total sales value

AED 15.8B

AED 1.3B

AED 19.1B

AED 33.3B

Top 5 performing regions in the third quarter of 2022

Sales Value in Business Bay AED 5,069M
Number of transactions 3068
Sales value in Dubai Marina AED 5,448M
Number of transactions 1797
Sales value in Damac Lagoons AED 3,775M
Number of transactions 1442
Sales value in JVC AED 964M
Number of transactions 1401
Sales value in Downtown Dubai AED 4,086M
Number of transactions 1321

Average apartment prices in the top 10 areas

Business Bay

1,302,650 AED 

JVC

580,000 AED 

Tower Khalifa

2,469,888 AED 

Arjan

569,050 AED 

Dubai Marina

2,169,774 AED 

Dubai Creek Harbour

1,734,888  AED 

Dubai Hills

1,291,888 AED 

Al Furjan

854,320 AED 

Sobha Hartland

1,356,828 AED 

Palm Jumeirah

33,050,000 AED 

Average villa prices in the top 10 areas

Damac Lagoons

1,827,000  AED 

Jebel Ali first

3,178,800  AED 

Villanova

1,600,000 AED 

Dubai South

1,900,000  AED 

Damac Hills 2

1,250,000 AED 

the valley

1,599,388 AED 

Town square

1,730,888 AED 

mudon

2,408,500 AED 

Tilal Al Ghaf

7,950,000 AED 

Emirates Living

2,900,000 AED 

The data is officially provided by the Dubai Land Department

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