DUBAI PROPERTY PRICES TREND FOR 2022
According to the recent report of Dubai Land Department, the sales price index of
residential properties sold in Dubai shows drastic growth from year 2012 compares to
the current year even from the sudden drop from 2020.
Dubai Real Estate had over 84,196 real estate transactions in 2021 worth almost AED
300 billion. The value of these transactions is the highest it’s ever been in the recorded
history of Dubai Real Estate. Compared to 2020, the volume of transactions grew by
66.3 percent and the value of transactions grew by 72%.
Year-on-Year increase in value was 110.19%, increase in sales volume was 74.77%.
59.6% of sales transactions were in the secondary/ready market and 40.4% were off-
plan.Â
Currently, Dubai Land Department has issued the Top 5 most selling areas in Dubai
on both apartments and villas/townhouses.
TOP 5 DLD Sales-Apartments
1. Business Bay
2. Dubai Marina
3. Jumeirah Village Circle
4. Burj Khalifa
5. Dubai Creek Harbour
TOP 5 DLD Sales-Villas/Townhouses
1. Damac Lagoons
2. Jabal Ali First
3. Damac Hills 2
4. Dubai South
5. Villanova
These locations are among those areas which property buyers are on the look-out. If
you ever purchased a property on these locations, then consider yourself lucky. The
prices are more than stable – they are fairly growing. You can even opt to have this
property leased or ask an agent for property valuation – you might want to consider
selling it.
But what exactly are the costs of selling a property in Dubai?