Residential apartment sales in Dubai reached approximately AED 45 bn in the third quarter of 2023, accounting for the largest value in the emirate's real estate market, according to Dubai Lands Department data.
An American report has confirmed that Dubai is witnessing the construction of a growing number of real estate projects to meet the increasing demand, especially for luxury properties, Invest-Gate reports.
Real estate transactions in Dubai Land Department during the current week amounted to more than AED eight bn, Invest-Gate reports.
Real estate transactions in the Dubai Land Department during the current week amounted to more than AED12.7 bn, Invest-Gate reports.
Dubai has emerged as a leading global market for luxury real estate in 2023, generating revenues of approximately AED 3.1 bn from high-end properties in H1 of 2023, Invest-Gate reports.
The value of residential apartments in Dubai experienced its largest surge in nearly a decade this August, Invest-Gate reports.
Real estate transactions in the Dubai Land Department recorded over AED 23.1 bn during the current week, Invest-Gate reports.
Dubai's red-hot real estate market is attracting more Chinese investors again after pandemic curbs slowed purchases, pointing to sustained demand as prices hit records, Invest-Gate reports.
The value of daily property sales in Dubai was up 43.5% in the first seven months of 2023 compared to the same period last year, according to data from the Dubai Land Department, Invest-Gate reports.
Dubai real estate saw three land plot sales with a total value of AED 820 mn registered this month, according to Dubai Land Department data.
