Dubai Property At 10-Year High

Dubai real estate is at a ten-year high for the quarterly volume of property transactions and the value of off-plan sales, according to Property Finder.

Mo’asher, Dubai’s official sales price index, launched by Dubai Land Department (DLD), in cooperation with Property Finder, has revealed that sales transactions Dubai property saw a 22% increase in sales transactions in Q3 2023 compared to the same time last year.

According to the report, at the end of the quarter ending in September 2023, DLD recorded a total of 31,181 transactions compared to 25,400 in Q3 2022, marking a 22.76% year-on-year increase in the performance of ready and off-plan transactions, leading to Dubai’s highest quarterly peak in a decade.