26 April 2021
Dubai & Abu Dhabi Real Estate Market Overview Q1 2021
Dubai real estate market posted 11.8k sales transactions worth AED 25.1 Billion in the first quarter of 2021 as compared to AED 20.85 Billion in the same term last year which represents 20% increase in the volumes.
Even though the volume of o-plan transactions in the first quarter were contracted by 29% when compared to same term last year, ready property transactions soared by 62%.
Around 11.5k units (10.5k Apartment & Serviced Apartment and 1k Villa & Townhouse units) have entered the Dubai real estate market in the first quarter of 2021.
Residential Transaction Volume (Sales)
Residential Transaction Value (Sales)
Apartment vs Villa Transactions (Sales)
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