An overview of the real estate market in Dubai 4th Quarter 2022

An overview of the real estate market in Dubai 4th Quarter 2022

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

Total real estate sales transactions
0
lands
0
Commerical
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Villas
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Apartments
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81.1B AED

Total sales value

AED 12.5B

AED 1.1B

AED 23B

AED 44.5B

Top 5 performing regions in the forth quarter of 2022

Sales value in Business Bay is AED 4,580M
Number of transactions 2447
The sales value of El Merkad is AED 2,989M
Number of transactions 1915
Sales value in Dubai Marina is AED 5,980M
Number of transactions 1757
Sales value at JVC AED 1,125M
Number of transactions 1544
The sales value of the Palm Jumeirah is AED 10,315M
Number of transactions 1330

Average apartment prices in the top 10 areas

Business Bay

1,456,934 AED 

JVC

630,000 AED 

Tower Khalifa

2,384,000 AED 

Dubai Creek Harbour

1,865,043 AED 

Dubai Marina

2,200,000  AED 

Sobha Hartland

1,329,020 AED 

Dubai Hills

1,475,000 AED 

Square One

769,330 AED 

Jumeirah Lakes Towers

1,100,000  AED 

Plum Jumeirah

4,535,900  AED 

Average villa prices in the top 10 areas

Damac Lagoons

2,055,000 AED 

Jebel Ali first

3,038,800 AED 

Villanova

1,700,000 AED 

Arabian Ranches III

2,019,769 AED 

Damas Hills 2

1,200,000 AED 

Dubai Hills

22,440,794 AED 

Dubai South

4,450,000 AED 

Mirdif

2,759,056 AED 

The Field

3,640,481 AED 

Mudon

2,283,000 AED 

The data is officially provided by the Dubai Land Department

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