According to the latest ValuStrat research report, prices of luxury apartments in Dubai have increased by 1.7% in each quarter of 2021, but have not been able to keep up with the figures of the villa market, where prices increased by 10.3%. On an annual basis, the price of Arabian apartments has fallen steadily by 4.8%.
About 42% fell on off-plan apartments, while the number of transactions for finished apartments reached 58%. The best performers among the top sales were apartments by developers Emaar, Azizi, Nakheel, Damac and Seven Tides.
