Real estate sales in Dubai recorded exceptional growth in the past months before the launch of Expo 2020 Dubai, in terms of volume and value in the emirate.
The month of September was more important, as it was the most valuable month for real estate sales in one month since December 2013, after it witnessed sales worth more than 16.2 billion dirhams distributed among 5762 pledge allegiance.
Thus, the value of real estate sales since the beginning of the year exceeded 100 billion dirhams, according to the data of the eighteenth edition of the official sales price index in Dubai, which was launched by the Dubai Land Department in cooperation with Property Finder.
According to the index data - which is taken from 2012 as the base year, from January 2012 as the base month and from the first quarter 2012 as the base quarter - the total monthly index recorded last September 1,115 A point at a price of 1,065.816 dirhams, after the monthly index of apartments recorded 1.14 points at a price of 954.524 dirhams and 1,098 points for the monthly index of villas at a price of 1,940.843 dirhams.
While the general quarterly index recorded in the third quarter of this year 1,128 points at a price of 1,053,263 dirhams, after the quarterly index for apartments recorded 1,134 points at a price of 946,644 dirhams And 1.124 points for the quarterly index of villas at a price of 1,954.802 dirhams.
September 2021 witnessed the registration of 5762 real estate sales worth 16.2 billion dirhams, which makes it the best month of September ever during the past eight years, thus increasing the total transactions since the beginning of the year. The year until the end of September reached 43,299 sales worth 104.3 billion dirhams.
During the first 9 months of this year, the value of real estate sales transactions increased by 45.15% compared to the whole of 2020, making it the highest annual real estate sales value since 2017. .
The secondary market/ready units accounted for 56% of the total sales during September 2021, while off-plan sales accounted for 44%.
The third quarter of 2021 is the best third quarter in the history of the real estate sector in the Emirate of Dubai in terms of sales value, and the best third quarter in terms of transaction volume since 2009 The third quarter of 2021 witnessed the registration of 15,927 real estate sales, with a value of 42.35 billion dirhams.
