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Posted by AccuProperties on January 12, 2022

Sales transactions rose 80.4 per cent annually in November as the emirate registered 7,000 sales deals worth Dh17.96 billion ($4.89bn) last month, making it the best November in terms of total sales in eight years, according to Property Finder.

Sales transactions were also 45 per cent higher when compared with November 2019, before the start of the pandemic.

Residential property prices in Dubai jumped 21 per cent in the first 10 months of the year to Dh1,235 per square foot.

Dubai, the commercial and tourism center of the Middle East, recorded 55,651 sales transactions worth Dh135.4bn in the first 11 months of this year, up 88.39 per cent compared with the whole of 2020.

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