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Trends and Insights

9 Nov 2023


Dubai Real Estate Transactions Skyrocket

Dubai's real estate sector recorded an increase of over 80% in the value of existing property transactions in October compared to 2020. The month witnessed 7,128 transactions valued at approximately $8.1B, a 17.46% rise from the previous year. Buyers predominantly preferred apartments, accounting for 60% of purchases. [Source](