Dubai May 2023: The Official Sales Price Index
• The overall monthly Index recorded 1.442 and an index price of
AED 1,364,429.
• Apartments monthly Index recorded 1.560 and an index price of
AED 1,321,493.
• Villas/Townhouses monthly Index recorded 1.394 and an index
price of AED 2,336,939.
AED 1,364,429.
• Apartments monthly Index recorded 1.560 and an index price of
AED 1,321,493.
• Villas/Townhouses monthly Index recorded 1.394 and an index
price of AED 2,336,939.
Key Findings:
• May 2023 had 11,632 transactions worth AED 33.928 billion.
Year-on-Year increase in sales value by 86.52%, and sales
volume by 76.62%.
• 51.31% of sales transactions were in the existing/ready
market and 48.69% were off-plan in terms of volume.
Year-on-Year increase in sales value by 86.52%, and sales
volume by 76.62%.
• 51.31% of sales transactions were in the existing/ready
market and 48.69% were off-plan in terms of volume.
