Total property sales transactions

Figures taken from:

11 129


53.6% compared with July 2022

6 281


77.1% compared with July 2022

4 848


35.7% compared with July 2022

Total sales value

AED 15.1 billion

+ 18.5% compared with July 2022

3 231


AED 5.2 billion

Sales value

43.2% compared with July 2022



AED 3.8 billion

Sales value

31.2% compared with July 2022


Commercial premises

461 million AED

Sales value

23.6% compared with July 2022



AED 5.6 billion

Sales value

53.8% compared with July 2022

Average rental rates


Average apartment rental price

66,000 AED

43.2% compared with July 2022


Average price of a villa rental

162,000 AED

24.6% compared with July 2022

Commercial premises

Average apartment rental price

50,000 AED

29.9% compared with July 2022

Neighborhoods with the most sales

Jumeirah Village Circle

Number of sales: 904 transactions
Sales value: AED 755 million

Al Merkadh

Number of sales: 883 transactions
Sales value: AED 1,448 million

Dubai Marina

Number of sales: 616 transactions
Sales value: AED 2,195 million

Business Bay

Number of sales: 587 transactions
Sales value: AED 1,035 million

Jumeirah Lake Towers

Number of sales: 544 transactions
Sales value: AED 812 million

Conclusion on real estate figures in July 2023 in Dubai:

Dubai’s real estate transaction data for July 2023 is a clear indication of the market’s strength and growth potential. These figures inspire confidence not only among investors and developers, but also among residents.

With such momentum, Dubai’s real estate professionals are well positioned to take full advantage of these upward trends and set a course for continued prosperity.