UAE Q2 2023, Market Watch Quarterly Residential Real Estate Insights
Abu Dhabi Highlights
• The solid investor confidence in addition to notable uptake of
new projects and the introduction of innovative developments in
Abu Dhabi led to an increase in the sales transaction year-on-
year in Q2 2023.
• This was a result of 1,838 off-plan transactions during this
quarter, as compared to 947 transactions in Q2 2022.
• Consequently, this number represents 71.4% of the total
transactions, compared to 60.7% in Q2 2022.
• During Q2 2023, the market also showed a significant YoY
increase of 94.1% in terms of volume and a 118% increase in
value.
• The solid investor confidence in addition to notable uptake of
new projects and the introduction of innovative developments in
Abu Dhabi led to an increase in the sales transaction year-on-
year in Q2 2023.
• This was a result of 1,838 off-plan transactions during this
quarter, as compared to 947 transactions in Q2 2022.
• Consequently, this number represents 71.4% of the total
transactions, compared to 60.7% in Q2 2022.
• During Q2 2023, the market also showed a significant YoY
increase of 94.1% in terms of volume and a 118% increase in
value.
Dubai Highlights
• The real estate market in Dubai during Q2 2023 achieved an
exceptional record for the quarter over the last decade.
exceptional record for the quarter over the last decade.
