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Investment in Dubai property market reaches $ 20.42 billion in July 2021

Investment in Dubai property market reaches $ 20.42 billion in July 2021

46,038 transactions totaling $ 44.41 billion were made from early 2021 to late July.

Direct investment in real estate in Dubai from January to July amounted to $ 20.41 billion.

There have been a total of 46,038 sales transactions since January this year, worth $ 44.41 billion, according to July report by Dubai Lands Department (DLD).

Thus, the number of transactions increased by 43% over the same period last year, and the total value of transactions showed an increase of 68% over the same period.

According to DLD, 17,979 new investors had entered the market by July. This is 69% of the total number of investors registered in the Emirate from January to July 2021.

The list of the five most popular areas in Dubai for villa sales in July were: Marsa Dubai, Palm Jumeirah, Business Bay, Burj Khalifa and Al Merkad.

The list of the five most popular areas for apartment sales were: Al Khebiah 4, Hadaek Sheikh Mohammed Bin Rashid, Wadi Al Safa 5, Dubai Investment Park 1 and Al Tanayah 4

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