Dubai real estate sales rose in August 2021 to 14.93 billion dirhams, generated through 5,751 sales, and this month sets a record for the highest sales in 12 years, According to the data of the website of the Dubai Land Department.
According to Arabiya Net, last August's sales were distributed to 3,852 housing units, 823 buildings, and 1,083 plots of land. Secondary market sales (completed real estate) accounted for the largest share of the total sales with 10 billion dirhams, resulting from 3,193 pledges, while those that are still on the map recorded 2558 transactions worth 4.88 billion dirhams, according to the Emirati newspaper Al Khaleej.
Sales in the same month last year amounted to 4.63 billion dirhams, and 4 billion in 2019, and in August 2018 and 2017, they amounted to 4.72 and 9.7 billion dirhams, respectively. As for 2016, it ranged around 11 billion dirhams, and in 2015 about 10 billion dirhams, and in each of the years 2014, 2013, 2012, 2011 and 2010, they came, respectively, as follows: 8.64 billion, 7.4 billion, 3.37 billion, 3.76 billion, and 6.34 billion dirhams. p>
