Dubai March 2023: The Official Sales Price Index
• The overall monthly Index recorded 1.421 and an index price of
AED 1,353,266.
• Apartments monthly Index recorded 1.539 and an index price of
AED 1,310,604.
• Villas/Townhouses monthly Index recorded 1.366 and an index
price of AED 2,291,490.
• Overall quarterly Index recorded 1.461 and an index price of AED
1,364,789.
• Apartments quarterly Index recorded 1.556 and an index price of
AED 1,309,126.
• Villas/Townhouses quarterly Index recorded 1.314 and an index
price of AED 2,254,533.
AED 1,353,266.
• Apartments monthly Index recorded 1.539 and an index price of
AED 1,310,604.
• Villas/Townhouses monthly Index recorded 1.366 and an index
price of AED 2,291,490.
• Overall quarterly Index recorded 1.461 and an index price of AED
1,364,789.
• Apartments quarterly Index recorded 1.556 and an index price of
AED 1,309,126.
• Villas/Townhouses quarterly Index recorded 1.314 and an index
price of AED 2,254,533.
Key Findings:
• March 2023 had 12,135 transactions worth AED 34.210
billion.
• Year-on-Year increase in sales value by 52.58 percent, and
sales volume by 45.43 percent.
• 47.22 percent of sales transactions were in the existing/ready
market, and 52.78 percent were off-plan in terms of volume.
• Q1 2023 had 30,952 transactions worth AED 89.056 billion.
• Compared to the same period in 2022, the market witnessed
an increase in sales volume by 52.08 percent and 61.39
percent in terms of value in Q1 2023.
• In Q1 2023, 48.48 percent of sales transactions were in the
existing/ready market, and 51.52 percent were off-plan.
billion.
• Year-on-Year increase in sales value by 52.58 percent, and
sales volume by 45.43 percent.
• 47.22 percent of sales transactions were in the existing/ready
market, and 52.78 percent were off-plan in terms of volume.
• Q1 2023 had 30,952 transactions worth AED 89.056 billion.
• Compared to the same period in 2022, the market witnessed
an increase in sales volume by 52.08 percent and 61.39
percent in terms of value in Q1 2023.
• In Q1 2023, 48.48 percent of sales transactions were in the
existing/ready market, and 51.52 percent were off-plan.
