Dubai Property transactions are Increasing with Emaar Being the top developer In January 2022

January 2022 sale transaction volumes were 116.3% higher than the same period last year. The ValuStrat Price Index went up 77.1 points, which is 1.1% higher than December and 17.8% higher than the same period in 2021. However, figures are still lower than in January 2014 by 22.9%.

All apartment locations except Jumeirah Village Circle (-2.8%) have seen a positive annual gain. The best annual apartment performances have been seen in Palm Jumeirah (20.9%), Jumeirah Beach Residence (17.1%), the Burj Khalifa (12.1%) and Jumeirah Lake Towers (9.5%). As for villa communities, at the top of the list were Jumeirah Islands (39.1%), Arabian Ranches (38.5%), The Lakes (36.3%) and Jumeirah Village Triangle (34.4%).

According to trends in the Dubai real estate market, among the most popular areas to buy properties under construction in January 2022 were Business Bay (12.8%), Sobha Hartland (9%), Dubai Harbour (8.5%) and Jumeirah Village (7.4%). As far as ready-to-live properties are concerned, the areas that sold the most properties were Business Bay (8.4%), Jumeirah Village (8.1%), Al Furjan (7.2%), Dubai Marina (5.8%), Jumeirah Lake Towers. (4.6%) and Dubai Hills Estate (4%).

A total of 16 transactions were completed in January which amounted to over AED 30 million (USD 8.17 million), with Emaar Properties (22.5%), Nakheel Properties (7.2%), Dubai Properties (5.5%) and DAMAC Properties (5.4%) recording their best sales figures.

On a separate note, last year the leading developer of the emirate, Emaar Properties, announced the construction of a new complex called Beach Mansion, which will be another addition to the long-awaited Emaar Beachfront area, located on the northern part of Dubai Harbour with the largest cruise terminal in the region. The new project will consist of 2 towers and will provide breathtaking panoramic views of Dubai Marina, the Burj Al Arab, the tallest Ferris wheel - Ain Dubai, and the Palm Jumeirah island. Tower 1 will consist of 37 levels (G+M+6P+37) and Tower 2 will have 20 levels (B+G+M+6P+20).

Table of contents
Our expert will help you find the best property
Thank you. Our expert will contact you soon
Please fill in the required information
Free consultation with Sales Team
Thank you. Our expert will contact you soon
Please fill in the required information
Professional help in buying luxurious property
Will find the most suitable property that will meet your budget and goals in the area