The real estate sector in the Emirate of Dubai continues to maintain an increasing pace of performance, to set a record again in June 2021, due to the vitality, flexibility and attractiveness of the Dubai real estate market.
According to Arab Net, according to the data of the sixteenth edition of the official sales price index in Dubai, which was launched by Dubai Land in cooperation with Property Finder, the value of real estate sales recorded 14.79 billion dirhams during the month of June, which is the highest value of sales in eight years, specifically since December of 2013.
The data indicated that the total number of real estate sales during the same period was 6,388, thus achieving a growth of 44.33% in June 2021 in terms of the number of sales and 33.2% in terms of value. compared to May 2021.
The index data indicated that the general monthly index in June 2021 recorded 1.07 points at a price of 1.009 million dirhams, while the monthly index for apartments recorded 1,088 points at a price of 904.920 thousand dirhams.
The monthly index for villas and townhouses scored 1,013 points at a price of 1.822 million dirhams.
The data added that the results achieved in June 2021, in addition to the number of sales achieved in the last April and May, contributed to achieving a very distinguished performance for the second quarter of the year. This is the highest on a quarterly basis in terms of the number of sales since the fourth quarter of 2013.
The total number of sales reached 15,638 thousand during the second quarter, with a total value of 36.86 billion dirhams, achieving a growth of 33.26% in terms of the number of sales, and 46.76 % in value terms, compared to the first quarter of 2021.
