Mo’asher Sales Price Index – March 2022
After a significant year of growth in Dubai real estate, 2022 has started off just as strong as 2021 with a total of 20,539 sales transactions worth AED 55.51 billion as of March 31st. The secondary market had the largest share of sales transactions with a total of 11,923 sales transactions worth AED 39.39 billion, while the off-plan market had a total of 8,616 sales transactions worth AED 16.12 billion. In March, 82.7 percent of the overall transactions were apartments while 17.3 percent were for villa/townhouses. The secondary market represents 60.16 percent of total sales while the off-plan market represents 39.84 percent of total sales.