UAE

Dubai Real Estate Grows at Strongest Rate Since 2014: Report

Dubai’s residential real estate market saw an 18.8 percent increase in June 2023, compared to the same period last year, as transaction volumes reached 9,876.

During the same period, off-plan transactions grew by 44.9 percent, whereas secondary market transactions saw a marginal decline by 0.5 percent.

There was a total of 57,737 residential transactions recorded so far in the year to date to June 2023, making it the highest figure registered over the year’s first two quarters.

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Arabian Business

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