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Active growth of the Dubai real estate market in the second half of 2021

Active growth of the Dubai real estate market in the second half of 2021

High volumes of sales transactions in April and May in the amount of 4,824 and 4,426, respectively, provided an excellent second quarter, which recorded the highest volume of sales transactions since the 4th quarter of 2013. In the 2nd quarter of 2021, there were a total of 15,638 transactions worth 36.86 billion AED, which is 33.26% more than in the 1st quarter of 2021 in volume, and 46.76% more in value, - analysts of the Arab real estate market report.

Thus, to date, a total of 27,373 transactions in the amount of 61.97 billion AED have been made, while in 2020 the total number of transactions for the whole year was 35,041 in the amount of 71.87 billion AED. All this indicates the active growth and recovery of the Arab real estate market, as well as demonstrates impressive prospects for the future.

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