In August 2022, Dubai’s real estate market registered 9,720 sales transactions, with a significant increase of 69.57 percent compared to august 2021, which recorded the highest performance for a month ever recorded in the last 10 years.
The off-plan sales transactions reached the highest transactions volume as well ever reached in a month which increased by 72.10 percent in terms of volume compared to August 2021, and around 76.50 percent in terms of value.
Below is the official sales price index for August 2022 according to Property Finder.
THE OFFICIAL SALES PRICE INDEX
Key Findings For August 2022
August 2022 Mo’asher Results
Top Areas by demand
According to Property Finder’s proprietary data, the top areas searched for sales in August were Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, Jumeirah Village Circle, and Jumeirah Lake Towers. The top overall searched areas for villa/townhouse sales in August were Dubai Hills Estate, Palm Jumeirah, Arabian Ranches, DAMAC Hills (Akoya by DAMAC), Mohamed bin Rashid City and Dubai Land.
Dubai Sales Price Index Monthly
Dubai Overall Monthly Index
In August 2022 the overall monthly Index recorded 1.348 and an index price of AED 1,311,362.
Dubai Apartments Monthly Index
In August 2022 the Apartments monthly Index recorded 1.428 and an index price of AED 1,229,308.
Dubai Villas/Townhouses Monthly Index
In August 2022 the villas/townhouses monthly Index recorded 1.343 and an index price of AED 2,158,214.