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enIn 2023, a record number of properties were sold in Dubai
January 30, 2024
Dubai's real estate market has shown rapid growth. According to the Dubai Statistical Center, 133,134 real estate purchase and sale transactions were completed in 2023. This is 38% more than last year. The value of the sold real estate amounted to 112.8 billion dollars. This is 56% more than in 2022.
68,783 objects were sold in projects under construction, which is 59.4% more than in 2022. The vast majority of the properties sold are located in the areas of Dubai Marina, Jumeirah Village Circle, Downtown Dubai, JVC, Jumeirah Lakes Towers, Business Bay and Palm Jumeirah.
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