More than 10,800 residential transactions recorded
Dubai’s residential property market recorded approximately AED23.26 billion ($6.3 billion) in sales during August, across 10,819 transactions.
Off-plan properties represented around 70.75% of transaction volume, highlighting continued investor demand for new developments.
Dubai South emerged as one of the leading areas for activity, while the majority of analysed home transactions were below AED3 million, indicating that demand is not limited to ultra-luxury properties.
The figures reinforce Dubai’s position as one of the region’s most active real estate investment markets despite wider economic and geopolitical uncertainty.
Source : Arabian Business.
