Monitoring conducted by "W Capital" real estate brokerage showed the trend of the real estate sector in the Emirate of Dubai, towards recording new record sales during the first nine months of 2022, with a value exceeding 180 billion dirhams, through more than 67,000 transactions, to be the largest sales value. At all during that period, based on the latest data issued by the Land Department in the emirate.
The real estate market in the Emirate of Dubai is on track to set new records for sales during the first nine months of 2022, with a value exceeding 180 billion dirhams, through more than 67,000 transactions, to be the largest sales value, according to research done by the real estate brokerage "W Capital." based on the most recent information released by the Land Department in the emirate, at any time throughout that time.
This is the first time that the value of real estate sold in Dubai for the period from January 1 to September 30 of each year exceeds 180 billion dirhams, and the largest value achieved before that period was 116 billion dirhams in 2009, followed by 102.6 billion dirhams last year 2021. Monthly sales since the beginning of this September until now, an increase of 76% year-on-year compared to its counterpart last year.
September of this year also witnessed the highest total value of real estate sales deals in the Emirate of Dubai, with a value exceeding 21 billion dirhams to date, distributed over about 7,425 deals, which is the highest value ever for the month of September, followed by monthly sales of 16 billion dirhams last year. , then 12.6 billion dirhams in 2013.
0 Comments