Rental prices

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    AED 60K

    Apartment

    15.4% vs. May, 2022

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    AED 155K

    Villa

    29.2% vs. May, 2022

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    AED 49.5K

    Commercial

    -14.4% vs. May, 2022

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

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

Sales volume

Sales Value

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

Mortgage

 
Top 5 projects with the most expensive sold apartments

Project

Price

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    Bv Residences 3, Jumeira Bay
    Price AED 122 M

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    Six Senses Residences The Palm, Palm Jumeirah
    Price AED 105 M

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    Private Residences Dubai, Dubai Water Canal
    Price AED 78 M

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    Il Primo, Downtown Dubai
    Price AED 67 M

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    Ava At Palm Jumeirah By Omniyat, Palm Jumeirah
    Price AED 57 M

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Top 5 areas with the most expensive sold villas

Project

Price

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    Mohammed Bin Rashid Al Maktoum City-District One Phase Ii Villas, Mbr District 1
    Price AED 90 M

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    Dubai Hills - Hills View Community, Dubai Hills
    Price AED 79 M

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    Zaya Zuha Island, The World
    Price AED 74 M

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    Emirate Living
    Price AED 59 M

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    Palm Jumeirah
    Price AED 49 M

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The best selling projects in May, 2023

Off-plan apartments

  • Project
  • Volume
  • Value
    AED
  •      Damac Bay
  • Volume 272
  • Value 1.2B
  •      Seapoint
  • Volume 254
  • Value 1.4B
  •      Binghatti Emerald
  • Volume 174
  • Value 131.3M
  •      Vincitore Volare
  • Volume 149
  • Value 137.5M
  •      Elano By Oro24
  • Volume 141
  • Value 89.3M

Off-plan villas

  • Project
  • Volume
  • Value
    AED
  •      Arabian Ranches Lll - Anya 2
  • Volume 217
  • Value 586.2M
  •      Maha Townhouses
  • Volume 131
  • Value 268M
  •      Damac Lagoons - Ibiza
  • Volume 79
  • Value 188.1M
  •      Mudon Al Ranim 4
  • Volume 74
  • Value 191.2M
  •      The Fields At D11 - Mbrmc
  • Volume 64
  • Value 245.1M

Ready apartments

  • Project
  • Volume
  • Value
    AED
  •      Opal Tower
  • Volume 67
  • Value 82.8M
  •      Sobha Creek Vistas
  • Volume 50
  • Value 54.8M
  •      Damac Hills (2) - Viridis
  • Volume 45
  • Value 23.2M
  •      Damac Hills - Golf Promenade
  • Volume 43
  • Value 40.6M
  •      Midtown - Mesk
  • Volume 35
  • Value 37.4M

Ready villas

  • Project
  • Volume
  • Value
    AED
  •      Mohammed Bin Rashid Al Maktoum City, District 11- Opal Gardens
  • Volume 60
  • Value 490.5M
  •      Damac Hills (2) - Camelia
  • Volume 34
  • Value 49.7M
  •      Jouri Hills
  • Volume 20
  • Value 262.4M
  •      Damac Hills-Park Residences 1
  • Volume 15
  • Value 38.5M
  •      Elan
  • Volume 12
  • Value 32.6M