The analytic data from the Data Finder platform of the Property Finder Group allowed to name
According to Data Finder, from January to August, 2,034 transactions were registered in Downtown Dubai, the total value of which amounted to AED5.4 billion (US$1.47 billion). These include apartments, villas, townhouses and land plot sales.
Due to the recent delivery of several interesting new real estate projects in
Other residential communities and areas of Dubai with a large number of transactions recorded include
According to the report, 51.7% of all Dubai housing transactions since the beginning of the year were recorded in the 10 largest areas of Dubai. In total, during the first eight months of the year, 23,652 housing transactions were completed in Dubai.
The newer fast developing areas of Dubai Hills Estate, JVC, Dubai Creek Harbor and Dubai South were the most popular among investors and home buyers during the mentioned time period. This suggests that, as new homes are being handed over, significant activity is observed in the secondary market.
“Newer areas have become quite popular with buyers. Dubai Hills Estate and JVC, for example, have risen significantly in the ranking over the last few months,” said Linnett Abad, director of Data and Research at Property Finder.
In a broader sense, the list of 10 best performing Dubai districts in terms of the total cost of housing sold included
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