Overview of Dubai real estate in December 2023
Total property sales transactions
Figures taken from: dxbinteract.com
11 282
Sales
+18.7% compared with December 2022
5 985
Sales
+7.6% compared with December 2022
5 302
Sales
+34.4% compared with December 2022
Total sales value
AED 23.6 billion
+99.3% compared with December 2022
3 552
Apartments
AED 5.8 billion
Sales value
+27% compared with December 2022
844
Villas
AED 2.6 billion
Sales value
+51% compared with December 2022
321
Commercial premises
AED 532.8 million
Sales value
+42.7% compared with December 2022
589
Land
AED 14.7 billion
Sales value
+60% compared with December 2022
Average rental rates in Dubai in December 2023
Apartments
Average apartment rental price
68,300 AED
+18.7% compared with December 2022
Villas
Average price of a villa rental
165,500 AED
+23.1% compared with December 2022
Commercial premises
Average rental price
60,000 AED
+39.5% compared with December 2022
Neighborhoods with the most sales in December 2023
Al Barsha South
Number of sales: 1041 transactions
Sales value: AED 1.093 billion
Dubai Marina
Number of sales: 705 transactions
Sales value: AED 2.942 billion
Business Bay
Number of sales: 672 transactions
Sales value: AED 1.223 billion
Dubai Hills Estate
Number of sales: 622 transactions
Sales value: AED 1.320 billion
Madinat Dubai Almelaheyah
Number of sales: 430 transactions
Sales value: AED 982 million
