Rental prices

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    AED 60K

    Apartment

    25% vs. Feb, 2022

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    AED 145K

    Villa

    26.1% vs. Feb, 2022

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    AED 42K

    Commercial

    5% vs. Feb, 2022

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Dubai property sales value by category
 
Top 5 performing areas - February 2023
The property demand in February 2023 was mainly in these 5 areas
 
Property sales volume by price-range February 2023
This sales value proposition does not include the mortgage transactions
 
Monthly property sales volume - 2023
 
Off-plan vs. ready property sales, February 2023

The off-plan vs. ready property comparison does not consider plot transactions

Sales volume

Sales Value

 
Property sales volume in February over years
Number of property sales transactions in Dubai over years based on the Dubai Land Department
 
Property sales value in February over years
Number of property sales transactions in Dubai over years based on the Dubai Land Department
 
Dubai property price change in February over years
 

Mortgage

 
Top 5 projects with the most expensive sold apartments

Project

Price

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    Bulgari Lighthouse Dubai, Island 2
    Price AED 410 M

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    Aire Dubai, Al Wasl
    Price AED 119 M

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    One At Palm Jumeirah, Palm Jumeirah
    Price AED 49 M

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    One Canal, Dubai Water Canal
    Price AED 39 M

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    Six Senses Residences The Palm, Palm Jumeirah
    Price AED 39 M

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Top 5 areas with the most expensive sold villas

Project

Price

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    Club Villas, Palm Jumeirah
    Price AED 183 M

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    Emirate Living
    Price AED 70 M

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    Elysian Mansions, Tilal Al Ghaf
    Price AED 45 M

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    Dubai Hills - Hills Grove Community, Dubai Hills
    Price AED 45 M

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    Mohammed Bin Rashid Al Maktoum City- District One, Phase 1, Mbr District 1
    Price AED 31 M

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The best selling projects in February, 2023

Off-plan apartments

  • Project
  • Volume
  • Value
    AED
  •      Binghatti Corner
  • Volume 184
  • Value 124.6M
  •      Creek Edge
  • Volume 166
  • Value 334.1M
  •      Peninsula Four
  • Volume 147
  • Value 281.2M
  •      Bluewaters Bay
  • Volume 145
  • Value 681M
  •      Liva
  • Volume 129
  • Value 72.5M

Off-plan villas

  • Project
  • Volume
  • Value
    AED
  •      Arabian Ranches Lll - Anya
  • Volume 244
  • Value 594.6M
  •      Maha Townhouses
  • Volume 201
  • Value 381.1M
  •      Damac Lagoons - Ibiza
  • Volume 160
  • Value 401.2M
  •      Nad Al Sheba Gardens Phase 3
  • Volume 115
  • Value 519.7M
  •      The Valley - Farm Gardens
  • Volume 83
  • Value 490.3M

Ready apartments

  • Project
  • Volume
  • Value
    AED
  •      1 Residences
  • Volume 78
  • Value 164.3M
  •      Zubaida Residency
  • Volume 43
  • Value 25.6M
  •      Damac Hills (2) - Viridis
  • Volume 29
  • Value 15.8M
  •      Azizi Star Hotel Apartments
  • Volume 29
  • Value 15.2M
  •      Downtown Views Ii
  • Volume 29
  • Value 78.2M

Ready villas

  • Project
  • Volume
  • Value
    AED
  •      Villanova Amaranta
  • Volume 21
  • Value 39.3M
  •      Gardenia Townhomes Ii
  • Volume 14
  • Value 44M
  •      Grand Views
  • Volume 11
  • Value 62.9M
  •      Damac Hills-Park Residences 1
  • Volume 11
  • Value 27.6M
  •      Arabian Ranches Iii - Sun
  • Volume 10
  • Value 21.4M