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17.09.2023 3:04

Dubai's top sought-after properties for August.

Dubai's top sought-after properties for August.

Dubai's top sought-after properties for August.

According to DLD, a total of 9,861 real estate transactions were made in Dubai during the 3 weeks of last month (August) for a total value of AED 29.56 billion ($8.12 billion).

The most popular areas to buy real estate in August were Business Bay and Al Yufrah 1

- Business Bay - 504 deals worth AED 1,039 million ($282.96 million); 

- Al Yufrah 1 - 258 deals worth AED 1.24 million ($337.75 million);

Globally speaking, reports for the first 7 months of this year show that sales volume reached its highest historical value of AED 217 billion ($59 billion). It is important to note that sales volumes have not only increased locally, they continue to grow steadily. Average sales volume per day has increased to AED 1.5 billion ($408 billion), up from AED one billion ($270 billion) at the beginning of the year. This indicates attractive investment opportunities in the market as well as a favorable living and working environment.

Dubai is showing steady growth and is building investor confidence during the current economic and geopolitical circumstances. Housebook platform is the best assistant for selling real estate, at least because with its help you can make deals from anywhere in the world, remotely!

Top 2 projects in Al Yufrah 1

The Farmhouses

Verona

Top-2 projects in Business Bay

Volta

Bugatti Residences by Binghatti