The Secondary Market in Dubai's real estate is booming as investors are buying apartments and serviced apartments in droves. According to the latest report by Nadeem Tariq, the founder of Broker Terminal, there were 3,335 transactions in the apartment category in the past one month with a total sales value of AED 9.6 billion.

The most popular location for apartment investments was Downtown Dubai with 219 transactions and a total value of AED 652 million, followed by Palm Jumeirah with 99 transactions and a total value of AED 518.4 million, and Dubai Marina with a total transaction value of AED 241 million.

In terms of serviced apartments, Downtown Dubai was again at the top with 43 transactions and a total value of AED 203 million, followed by Jumeirah Beach Residence with 6 transactions and a total sales value of AED 52.1 million.

In terms of project-based investments, the Royal Atlantis topped the list in the Secondary Market with 3 transactions and a total invested amount of AED 84.6 million. Other popular projects include Forte Tower 1, The Address the Bay, The Alef Residence (W Hotel & Residences), Stella Maris Tower, and Imperial Avenue.

For serviced apartments, The Address Jumeirah Resort Tower 2 was the most popular with 6 transactions and a total sales value of AED 52.1 million. Other popular projects include Address BLVD, Vida Residence Downtown Dubai, Address Residence Sky View Tower 2, The Address Residence Fountain View 2, and The Address Fountain View Tower 1.

Nadeem Tariq created Broker Terminal to help Dubai's top agents, investors, sellers, and real estate brokers understand the market trend in the Secondary Market. The platform has over 2,000 registered members who are Dubai real estate brokers and provides easy access to sold property data by location and project name, with over 100 different charts to understand the Secondary Market trend. Broker Terminal recently organized an event at The Address Fountain View Restaurant and is set to hold its second event on February 11, 2023, with the goal of selling more Secondary Market properties.