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Residential real estate market report. Dubai

2023

In 2023, the Dubai residential real estate market saw historically record transaction volume in the off-plan and ready segments - more than 120 thousand apartments and villas (+36% per year) were sold. In response to the growing interest in purchasing real estate in the emirate, there was also an increase in supply volumes due to continued high development activity. The market also recorded a reduction in the price delta between apartments and villas in the off-plan and ready segments.


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