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Dubai Real Estate hits AED 40 Billion in Sales in November, Led by Apartment Transactions

  • Dubai saw 13,502 property sales in November, totaling AED40 billion. Apartment sales surged by 31.2%, reaching AED19.9 billion.
  • The average property price increased by 8.8%, reflecting steady market growth. High-value properties and off-plan sales (like Vida Residences and Greenridge) were prominent.
  • Investor confidence, economic growth, and strong developer sales (outpacing re-sales) contributed to the market’s continued strength. Properties priced above
    AED5 million accounted for 8% of total sales.

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