Emaar Palace Villas Ostra
Albero at Green Gate- Starting From1.82 Million AED. Click Me!

Dubai Property News | July may witness approximately AED 23 billion transaction growth from June

Dubai's Real Estate market is bracing itself by garnering huge attention in sales. June had been a performer with a record of AED 25.33 billion in sales and from July approximately AED 48 billion is expected.

Admin
Admin, WriterAbout Author
Dubai Housing
Dubai Housing
Real Estate
Contents
Dubai Property News | July may witness approximately AED 23 billion transaction growth from June

Dubai's real estate market witnessed whopping sales figures in the 13 years in June hitting $6.9 billion. Dubai Marina, Jumeirah Golf Estates, and Downtown Dubai were the top-performing areas. The Dubai real estate market recorded AED 25.33 billion sales in June- almost the sale of the whole of 2021 as revealed by Dubai Land Development (DLD) data.

June recorded the figures of 32.88% higher than what 24.21% observed in May 2022. Dubai's real estate market has faced grueling points hindering its growth but, apparently, it is developing tremendously well and not going to disappoint this year. 2022 is a lucky year for DUBAI REAL ESTATE INVESTMENTS.

Well, the June transactions have taken the entire world by storm, but it will be evenhanded if we look at the progress in the running month of July. According to Property Finder's demand data, Dubai Hills Estate, Arabian Ranches, The Palm Jumeirah, Damac Hills, and Mohammed bin Rashid City performed best in villas and townhouses and Dubai Marina, Downtown Dubai, The Palm, Business Bay, and Jumeirah Village Circle performed best in Apartments sale.

Dubai real estate market recorded transactions of AED 1.6 billion on 6th July as revealed by Dubai's Land Department (DLD). Approximately 454 sales transactions have been observed on a single day, this gives us an idea that the month of July will take the center stage with nearly AED 48 billion. Isn't it a big figure? We are still waiting for the more impressive figure to come out. If that happens, it will be record-breaking. Let's keep our fingers crossed and wait for the data to come up and get revealed.

Share Our Post
Sobha Starline Beach Residences at Siniya Island
Emaar Palace Villas Ostra at The Oasis Dubai
Golf Meadow at Emaar South Dubai
Golf Verge at Emaar South Dubai
Emaar Address Grand Downtown
You might also like
Is Dubai Hills Estate A Good Investment?
Admin
Admin, WriterAbout Author

Is Dubai Hills Estate A Good Investment?

Dubai Hills Estate is one of the leading communities in Dubai creating a family friendly...

Real Estate Ownership Rules for Foreigners in Dubai
Admin
Admin, WriterAbout Author

Real Estate Ownership Rules for Foreigners in Dubai

If you are planning to buy a property in Dubai then the country is allowing...