Dubai October 2022: The Official Sales Price Index
2022-10-25• The overall monthly Index recorded 1.371 and an index price of AED 1,327,832.
• Apartments monthly Index recorded 1.459 and an index price of AED 1,256,067.
• Villas/Townhouses monthly Index recorded 1.355 and an index price of AED 2,190,569.
• Apartments monthly Index recorded 1.459 and an index price of AED 1,256,067.
• Villas/Townhouses monthly Index recorded 1.355 and an index price of AED 2,190,569.
Key Findings:
- October 2022 had 8,816 transactions worth AED 25.83 billion.
- Year-on-Year increase in sales value by 97.91 percent, and an increase in sales volume by 66.62 percent.
- 46.26 percent of sales transactions were in the secondary/ready market, and 53.74 percent were off-plan in terms of volume.
- Year to date, 61.36 percent increase in sales transactions in terms of volume, and 80.77 percent increase in terms of value compared to the same period in 2021.
