Dubai real estate market review – 2023 Vs 2022
| Total Transactions | 9,827 | 70% up vs 2022 |
| Total Volume | 28 Billion | 69% up Vs 2022 |
| SALE PRICE CHANGES |
| Apartments | Prices up by 12.5 % Vs 2022 |
| Townhouse/Villas | Prices up by 35% Vs 2022 |
| Commercial Units | Prices up by 8.5% Vs 2022 |
| RENTAL PRICE CHANGES |
| Apartment Rents | Up by 19% Vs 2022 |
| Townhouse/Villas | Up by 28% VS 2022 |
| Commercial Units | Down by -8.7% |
| Top 5 Performing Areas for 2023 |
| Business Bay |
| Al Barsha South (JVC, Arjan) |
| Dubai Creek Harbor |
| Dubai Marina |
| Damac Lagoons |
| Sales Segment Ratio |
| Off plan Units | 60% |
| Ready Units | 40% |
Data Source – https://dxbinteract.com/dubai-housing-market-January-2023 (Dubai Interact)
