Several external factors contributed to the dip, including the Ramadan, EID, and Easter holidays. This led to fewer new properties coming to market, a drop in property sales viewings and less new sales transactions registered by the Dubai Land Department.
Despite the wider slowdown, Allsopp & Allsopp saw encouraging results across Villa/Townhouse sales in key residential areas, which grew 16.4% month-on-month, and new client registrations up 12.6%
If you are a prospective buyer, seller, landlord or tenant and would like to know more, click on the link below to view the full Allsopp & Allsopp Dubai Real Estate Market Snapshot for April 2023
For press and media inquiries, please contact:
Head of PR & Communications
Phone: +971 4 429 4444
Mobile: +971 52 283 3285