Dubai December 2023: The Official Sales Price Index
• The overall monthly index recorded 1.577 and an index price of
AED 1,462,698.
• Apartments monthly index recorded 1.717 and an index price of
AED 1,431,218.
• Villas/Townhouses monthly index recorded 1.617 and an index
price of AED 2,711,482.
• Overall quarterly index recorded 1.616 and an index price of AED
1,472,796.
• Apartments quarterly index recorded 1.736 and an index price of
AED 1,430,640.
• Villas/Townhouses quarterly index recorded 1.546 and an index
price of AED 2,640,417.
• Overall annual index recorded 1.599 and an index price of AED
1,492,495.
• Apartments annual index recorded 1.685 and an index price of
AED 1,437,213.
• Villas/Townhouses annual index recorded 1.472 and an index
price of AED 2,447,256.
AED 1,462,698.
• Apartments monthly index recorded 1.717 and an index price of
AED 1,431,218.
• Villas/Townhouses monthly index recorded 1.617 and an index
price of AED 2,711,482.
• Overall quarterly index recorded 1.616 and an index price of AED
1,472,796.
• Apartments quarterly index recorded 1.736 and an index price of
AED 1,430,640.
• Villas/Townhouses quarterly index recorded 1.546 and an index
price of AED 2,640,417.
• Overall annual index recorded 1.599 and an index price of AED
1,492,495.
• Apartments annual index recorded 1.685 and an index price of
AED 1,437,213.
• Villas/Townhouses annual index recorded 1.472 and an index
price of AED 2,447,256.
Key Findings:
• 11,021 transactions worth AED 40.6 Billion in December 2023.
Year-on-year increase in sales value by 59.76% and in sales
volume by 21.55%.
• 50.86% of sales transactions were in the secondary/existing
market, while off-plan contributed to 49.14% of the total
volume.
• 35,383 transactions worth AED 122.620 Billion in Q4 2023.
Year-on-year increase in sales value by 49.92%, and in sales
volume by 22.78 %.
• 49.58 % of sales transactions were in the secondary/existing
market, while off-plan contributed to 50.42 % of the total
volume.
• 133,134 transactions worth AED 411.742 Billion in 2023.
Year-on-year increase in sales value by 55.76%, and in sales
volume by 38%.
• 48.34% of sales transactions were in the secondary/existing
market, while off-plan contributed to 51.66% of the total
volume.
Year-on-year increase in sales value by 59.76% and in sales
volume by 21.55%.
• 50.86% of sales transactions were in the secondary/existing
market, while off-plan contributed to 49.14% of the total
volume.
• 35,383 transactions worth AED 122.620 Billion in Q4 2023.
Year-on-year increase in sales value by 49.92%, and in sales
volume by 22.78 %.
• 49.58 % of sales transactions were in the secondary/existing
market, while off-plan contributed to 50.42 % of the total
volume.
• 133,134 transactions worth AED 411.742 Billion in 2023.
Year-on-year increase in sales value by 55.76%, and in sales
volume by 38%.
• 48.34% of sales transactions were in the secondary/existing
market, while off-plan contributed to 51.66% of the total
volume.
