Overview of Dubai real estate in November 2023
Total property sales transactions
Figures taken from: dxbinteract.com
10 065
Sales
-4.9% compared with November 2022
4 226
Sales
-26.8% compared with November 2022
5 799
Sales
+22% compared with November 2022
Total sales value
AED 37 billion
+25.3% compared with November 2022
6 539
Apartments
AED 12.2 billion
Sales value
-16.8% compared with November 2022
2 143
Villas
AED 12.9 billion
Sales value
+0.5% compared with November 2022
324
Commercial premises
581.3 million AED
Sales value
+24.1% compared with November 2022
1 059
Land
AED 11.4 billion
Sales value
+219% compared with November 2022
Average rental rates in Dubai in November 2023
Apartments
Average apartment rental price
70 000 AED
+20.7% compared with November 2022
Villas
Average price of a villa rental
175,500 AED
+30% compared with November 2022
Commercial premises
Average rental price
48,000 AED
+20% compared with November 2022
Neighborhoods with the most sales in November 2023
Business Bay
Number of sales: 899 transactions
Sales value: AED 1,668 billion
Jumeirah Village Circle
Number of sales: 837 transactions
Sales value: AED 744 million
Dubai Marina
Number of sales: 528 transactions
Sales value: AED 1.570 billion
Al Merkadh
Number of sales: 521 transactions
Sales value: AED 765 million
Downtown
Number of sales: 422 transactions
Sales value: AED 1.384 billion
