Dubai November 2022: The Official Sales Price Index
2022-11-25• The overall monthly Index recorded 1.387 and an index price of AED 1,334,010.
• Apartments monthly Index recorded 1.482 and an index price of AED 1,268,623.
• Villas/Townhouses monthly Index recorded 1.343 and an index price of AED 2,189,579.
• Apartments monthly Index recorded 1.482 and an index price of AED 1,268,623.
• Villas/Townhouses monthly Index recorded 1.343 and an index price of AED 2,189,579.
Key Findings:
- 10,941 transactions worth AED 30.49 billion in November 2022.
- Year-on-year increase in sales value by 70.81 percent, and an increase in sales volume by 58.45 percent.
- 53.24 percent of sales transactions were in the Secondary/ready market, while off-plan contributed to 46.76 percent of the total volume.
- Year to date, 60.94 percent increase in sales transactions in terms of volume, and a 79.39 percent increase in terms of value, compared to the same period in 2021.
