Overview of Dubai real estate in August 2023
Total property sales transactions
Figures taken from: dxbinteract.com
12 035
Sales
23.7% compared with August 2022
7 348
Sales
36% compared with August 2022
4 687
Sales
8.3% compared with August 2022
Total sales value
AED 33.7 billion
+ 38.8% compared with August 2022
8 983
Apartments
AED 18.1 billion
Sales value
43.2% compared with August 2022
2 142
Villas
AED 8.6 billion
Sales value
11.7% compared with August 2022
309
Commercial premises
AED 487 million
Sales value
15.7% compared with August 2022
601
Land
AED 6.5 billion
Sales value
105.1% compared with August 2022
Average rental rates
Apartments
Average apartment rental price
69,300 AED
22.9% compared with August 2022
Villas
Average price of a villa rental
174,000 AED
28.9% compared with August 2022
Commercial premises
Average apartment rental price
87,500 AED
69.9% compared with August 2022
Neighborhoods with the most sales
Business Bay
Number of sales: 1,140 transactions
Sales value: AED 2,074 million
Jumeirah Village Circle
Number of sales: 950 transactions
Sales value: AED 832 million
Al Merkadh
Number of sales: 900 transactions
Sales value: AED 1,631 million
Dubai Marina
Number of sales: 863 transactions
Sales value: AED 3,855 million
Al Barsha South Third
Number of sales: 642 transactions
Sales value: AED 548 million
