The Dubai property market snapshot for April 2023 is LIVE!
Monday 15 May 2023Wed 16 Feb
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The Dubai property market saw a dip in total sales transactions and sales value during April. However, year-on-year sales transactions remained 46% higher than April 2022, and total sales value was also 16% higher than this time last year.
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:
Aline Pereira
Head of PR & Communications
Email: aline@allsoppandallsopp.com
Phone: +971 4 429 4444
Mobile: +971 52 283 3285