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THE REAL ESTATE 

TRANSACTIONS – AUGUST 2023

the Dubai real estate boom continued, with AED33.38 Bn of transactions in month of AUGUST, according to DLD data

Dubai logs over a total of 11,881 real estate transactions worth AED 33.38 Billion were conducted during the week ending 31st August 2023, according to figures released by the Dubai Land Department (DLD).

Dubai maintains its dominance in luxury real estate, with a remarkable 48.8% price increase in the 12 months leading up to June 2023, according to Knight Frank's Q2 analysis. Meanwhile, the global average luxury property prices rose by 1.5%, with Dubai leading for the ninth consecutive quarter, while some other major markets like New York and London experienced declines.

HIGHLIGHTS - AUGUST 2023

✓ Total Property Sale Transactions - 11,881

✓ Total Sales Value - AED 33.38 B

✓ Units - 9,171

✓ Total Buildings - 1,450

✓ Total Lands - 1,260
August_Transactions
TOP 5 PERFORMING REGIONS IN AUGUST 2023

▪️ Business Bay

▪️Jumeirah Village Circle

▪️ Al Merkadh

▪️ Dubai Marina

▪️ Al Barsha South Third



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Dubai logs over a total of 11,101 real estate transactions worth AED 37.70 Billion
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Dubai Real Estate Transactions May 2023
Dubai logs over a total of 11,715 real estate transactions worth AED 33.98 Billion were conducted
Dubai Real Estate Transactions april 2023
Dubai logs over a total of 8,076 real estate transactions worth AED 26.46 Billion

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