An overview of the real estate market in Dubai 4th Quarter 2022 2 years ago Uncategorized, Uncategorized 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 0 Villas 0 Apartments 0 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