Dubai's Property Market Sees Surge in Sales: Apartments Top January, Villas in February

The primary market sales data for various property types in Dubai for the months of January and February shows , in January, a total of 4,805 apartment transactions, 1.1K villa transactions, 276 serviced/hotel apartment transactions, 82 villa plot transactions, and no sales of retail, residential land, or office properties were recorded whereas, in February, there were comparatively fewer transactions for apartments, 3,699, but higher sales worth of AED 7.8Bn. Villa sales, serviced/hotel apartment transactions, villa plot transactions, retail properties, residential land, office properties, and building transactions all recorded higher numbers in February. The top locations varied by property type and month, with Business Bay and Dubai Creek Harbour recording high sales and transaction counts for apartments in January, while Al Wasl and Jumeirah Village Circle did so in February. For villa sales, Damac Lagoons topped the list in both months. Dubai Marina and Jumeirah Beach Residence were the top locations for serviced/hotel apartment sales. The Valley and Meydan One recorded high sales and transaction counts for villa plots and retail properties, respectively. Finally, Business Bay and The Greens recorded the only sales for residential land and office properties, respectively.

Following is the detailed version of all the transactions in the months of January and February,

Apartments - primary market

Total of 4,805 transactions, worth AED 10.6Bn were recorded in January, while in February there were comparatively less, 3,699 transactions, worth AED 7.8Bn

Top locations:

January:

In accordance with the sales worth,

Dubai Creek Harbour recorded 466 transactions, worth AED 1.4Bn
Business Bay recorded 686 transactions, worth 1.3Bn
Downtown Dubai recorded 182 transactions, worth AED 1Bn
Palm Jumeirah recorded 130 transactions, worth AED 909.8M
Jumeirah Bay Island recorded 8 transactions, worth AED 656.2M
Al Wasl recorded 78 transactions, worth AED 582.8M
Umm Suqeim Third recorded 193 transactions, worth AED 468.5M
Sobha Hartland recorded 266 transactions, worth AED 438M
Dubai Hills Estate recorded 237 transactions, worth AED 406.1M
Jumeirah Village Circle recorded 492 transactions, worth AED 368.9M

In accordance with the transactions count,

Business Bay recorded 686 transactions, worth 1.3Bn
Jumeirah Village Circle recorded 492 transactions, worth AED 368.9M
Dubai Creek Harbour recorded 466 transactions, worth AED 1.4Bn
Town Square recorded 312 transactions, worth AED 183.1M
Sobha Hartland recorded 266 transactions, worth AED 438M
Dubai Hills Estate recorded 237 transactions, worth AED 406.1M
Dmac Hills (Akoya) recorded 237 transactions, worth AED 248.2M
Umm Suqeim Third recorded 193 transactions, worth AED 468.5M
Downtown Dubai recorded 182 transactions, worth AED 1Bn
Jumeirah Lake Towers recorded 158 transactions, worth AED 158.9M

February:

In accordance with the sales worth,

Al wasl recorded 67 transactions, worth AED 1.1Bn
Business Bay recorded 473 transactions, worth AED 921.2M
Bluewaters Island recorded 146 transactions worth AED 689.7M
Jumeirah Village Circle recorded 850 transactions, worth AED 647.2M
Dubai Creek Harbour recorded 247 transactions, worth AED 574.9M
Palm Jumeirah recorded 46 transactions, worth AED 526.2M
Jumeirah Bay Island recorded 5 transactions, worth AED 479.4M
Sobha Hartland recorded 161 transactions, worth AED 272.9M
Zaabeel First recorded 31 transactions, worth AED 258.5M
Jumeirah Beach Residence recorded 18 transactions, worth AED 236.9M

In accordance with the transactions count,

Jumeirah Village Circle recorded 850 transactions, worth AED 647.2M
Business Bay recorded 473 transactions, worth AED 921.2M
Dubai Creek Harbour recorded 247 transactions, worth AED 574.9M
Arjan recorded 222 transactions, worth AED 150.1M
Town Square recorded 216 transactions, worth AED 142.9M
Sobha Hartland recorded 161 transactions, worth AED 272.9M
Jumeirah Village Circle recorded 850 transactions, worth AED 647.2M
Dubai Marina City recorded 93 transactions, worth AED 197.3M
Damac Hills (Akoya) recorded 93 transactions, worth AED 197.3M

Top projects:

January:

In accordance with the sales worth,

Bulgari Lighthouse Dubai recorded 8 transactions, worth AED 656.2M
THE RESIDENCE Burj Khalifa recorded 21 transactions, worth AED 540.8M
Palm Beach Tower 3 recorded 94 transactions, worth AED 455.5M
Peninsula Four recorded 211 transactions, worth 430.5M
The Cove II recorded 118 transactions, worth 356.4M
Elegance Tower recorded 127 transactions, worth 311.5M
Signature Tower (the S tower) recorded 20 transactions, worth AED 308.1M
Chic Tower by de GRISOGONO recorded 191 transactions, worth AED 299.3M
Park Horizon - Tower 2 recorded 133 transactions, worth AED 231M
One Canal recorded 5 transactions, worth AED 202.5M

In accordance with the transactions count,

Liva recorded 309 transactions, worth AED 180.8M
Peninsula Four recorded 211 transactions, worth 430.5M
Chic Tower by de GRISOGONO recorded 191 transactions, worth AED 299.3M
LEVANTO by ORO24 recorded 189 transactions, worth AED 128.3M
Park Horizon - Tower 2 recorded 133 transactions, worth AED 231M
Seven City JLT recorded 132 transactions, worth AED 102.1M
Elegance Tower recorded 127 transactions, worth 311.5M
The Cove II recorded 118 transactions, worth 356.4M
Palm Beach Tower 3 recorded 94 transactions, worth AED 455.5M
Golf Gate recorded 88 transactions, worth AED 88.7M

February:

In accordance with the sales worth,

Aire Tower recorded 8 transactions, worth 698.6M
Bluewaters Bay - building 2 recorded 139 transactions, worth AED 645.9M
Bulgari Lighthouse Dubai recorded 5 transactions, worth AED 479.4M
Creek Edge Tower 1 recorded 158 transactions, worth AED 316.8M
Peninsula Four recorded 165 transactions, worth AED 309.2M
One Canal recorded 12 transactions, worth AED 272.8M
One Zaabeel The Residences recorded 31 transactions worth AED 258.5M
Sensoria at FIVE LUXE recorded 13 transactions, worth AED 224.2M
Six Senses Residences The Palm recorded 7 transactions, worth AED 221.7M
Binghatti Corner recorded 222 transactions, worth AED 150.5M

In accordance with the transactions count,

Binghatti Corner recorded 222 transactions, worth AED 150.5M
Peninsula Four recorded 165 transactions, worth AED 309.2M
Creek Edge Tower 1 recorded 158 transactions, worth AED 316.8M
Bluewaters Bay - building 2 recorded 139 transactions, worth AED 645.9M
Liva recorded 137 transactions, worth AED 77.1M
Joya Dorado Residence recorded 128 transactions, worth AED 70.6M
LEVANTO by ORO24 recorded 116 transactions, worth AED 84.3M
Maimoon Gardens Tower A recorded 94 transactions, worth AED 81.5M
Binghatti Nova recorded 74 transactions, worth AED 46.8M
Golf Gate recorded 62 transactions, worth AED 60.3M

Villa - primary market

A total of 1.1K transactions, worth AED 3.8Bn were recorded in January while in February there were 1.2K sales, worth AED 4.6Bn which makes February a winner

Top locations:

January:

In accordance with the sales worth,

Damac Lagoons recorded 513 transactions, worth AED 1.8Bn
Tilal Al Ghaf recorded 27 transactions, worth AED 352.1M
District Eleven recorded 89 transactions, worth AED 325.1M
Dubai Hills Estate recorded 11 transactions, worth AED 230.9M
Al Barari recorded 21 transactions, worth AED 148.3M
Villanova recorded 68 transactions, worth AED 134.2M
Arabian Ranches Phase 3 recorded 55 transactions, worth AED 123.9M
Jebel Ali Village recorded 29 transactions, worth AED 100.5M
Mudon recorded 27 transactions, worth AED 78.9M
Damac Hills 2 recorded 52 transactions, worth AED 66.6M

In accordance with the transactions count,

Damac Lagoons recorded 513 transactions, worth AED 1.8Bn
District Eleven recorded 89 transactions, worth AED 325.1M
Villanova recorded 68 transactions, worth AED 134.2M
Arabian Ranches Phase 3 recorded 55 transactions, worth AED 123.9M
Damac Hills 2 recorded 52 transactions, worth AED 66.6M
Jebel Ali Village recorded 29 transactions, worth AED 100.5M
Dubai Investment Park First recorded28 transactions, worth 33.5M
Tilal Al Ghaf recorded 27 transactions, worth AED 352.1M
Mudon recorded 27 transactions, worth AED 78.9M
Rukan recorded 26 transactions, worth AED 19.1M

February:

In accordance with the sales worth,

Damac Lagoons recorded 374 transactions, worth AED 1.3Bn
Tilal Al Ghaf recorded 52 transactions, worth AED 862.7M
Arabian Ranches Phase 3recorded 258 transactions, worth AED 625.8M
Nad Al Shiba recorded 89 transactions, worth AED 415.1M
Town Square recorded 128 transactions, worth AED 234.4M
District Eleven recorded 55 transactions, worth AED 204M
Jumeirah Bay Island recorded 1 transaction, worth AED 112M
Villanova recorded 54 transactions, worth AED 104.8M
Damac Hills (Akoya) recorded 18 transactions, worth AED 104.3M
Dubai South recorded 10 transactions, worth AED 91.4M

In accordance with the transactions count,

Damac Lagoons recorded 374 transactions, worth AED 1.3Bn
Arabian Ranches Phase 3recorded 258 transactions, worth AED 625.8M
Town Square recorded 128 transactions, worth AED 234.4M
Nad Al Shiba recorded 89 transactions, worth AED 415.1M
District Eleven recorded 55 transactions, worth AED 204M
Villanova recorded 54 transactions, worth AED 104.8M
Tilal Al Ghaf recorded 52 transactions, worth AED 862.7M
Damac Hills 2 recorded 33 transactions, worth AED 42.2M
Damac Hills (Akoya) recorded 18 transactions, worth AED 104.3M
District Seven recorded 18 transactions, worth AED 28.2M

Top projects:

January:

In accordance with the sales worth,

Venice 1 recorded 71 transactions, worth AED 729.9M
Monte Carlo recorded 205 transactions, worth 455.7M
The Fields at District Eleven recorded 89 transactions, worth AED 325.1M
Marbella recorded 136 transactions, worth AED 305.3M
Address Hillcrest by Emaar recorded 10 transactions, worth AED 227M
Elysian Mansions recorded 8 transactions, worth AED 214.9M
Chorisia Villas 2 recorded 21 transactions, worth AED 148.3M
La Violeta 2 recorded 66 transactions, worth AED 130.8M
Raya Townhouses recorded 49 transactions, worth AED 108.7M
Alaya recorded 7 transactions, worth AED 104.3M

In accordance with the transactions count,

Monte Carlo recorded 205 transactions, worth 455.7M
Marbella recorded 136 transactions, worth AED 305.3M
The Fields at District Eleven recorded 89 transactions, worth AED 325.1M
Venice 1 recorded 71 transactions, worth AED 729.9M
La Violeta 2 recorded 66 transactions, worth AED 130.8M
Raya Townhouses recorded 49 transactions, worth AED 108.7M
Rukan 3 recorded 26 transactions, worth AED 19.1M
Chorisia Villas 2 recorded 21 transactions, worth AED 148.3M
Ibiza recorded 21 transactions, worth AED 49.5M
Portofino recorded 19 transactions, worth AED 57.6M

February:

In accordance with the sales worth,

Anya recorded 228 transactions, worth AED 555.3M
Venice 1 recorded 55 transactions, worth AED 488.7M
Elysian Mansions recorded 17 transactions, worth AED 463.7M
Nad Al Sheba Gardens Phase 3 recorded 89 transactions, worth AED 415.1M
Alaya recorded 35 transactions, worth AED 399M
Ibiza recorded 118 transactions, worth AED 280.1M
Maha Townhouses recorded 128 transactions, worth AED 234.4M
The Fields at District Eleven recorded 55 transactions, worth AED 204M
Monte Carlo recorded 80 transactions, worth AED 177M
Marbella recorded 73 transactions, worth AED 161.5M

In accordance with the transactions count,

Alaya recorded 35 transactions, worth AED 399M
Maha Townhouses recorded 128 transactions, worth AED 234.4M
Ibiza recorded 118 transactions, worth AED 280.1M
Nad Al Sheba Gardens Phase 3 recorded 89 transactions, worth AED 415.1M
Monte Carlo recorded 80 transactions, worth AED 177M
Marbella recorded 73 transactions, worth AED 161.5M
Venice 1 recorded 55 transactions, worth AED 488.7M
The Fields at District Eleven recorded 55 transactions, worth AED 204M
La Violeta 2 recorded 50 transactions, worth AED 98M
Alaya recorded 35 transactions, worth AED 399M

Serviced/hotel apartments

A total of 276 transactions, worth AED 544.8M were recorded in January while in February there were 294 transactions, worth AED 506.5M recorded.

Top locations:

January:

In accordance with the sales worth,

Business bay recorded 70 transactions, worth AED 152.8M
Dubai Marina recorded 80 transactions, worth AED 114.6M
Palm Jumeirah recorded 34 transactions, worth AED 73.3M
Zabeel First recorded 12 transactions, worth AED 66.9M
Jumeirah Beach Residence recorded 1 transaction, worth AED 47.5M
Jumeirah Village Circle recorded 17 transactions, worth AED 19.5M
Dubai Creek Harbour recorded 6 transactions, worth AED 19M
Dubai Healthcare City Phase 2 recorded 15 transactions, worth AED 17.9M
Al Furjan recorded 15 transactions, worth AED 8.8M
Jumeirah Village Triangle recorded 7 transactions, worth AED 6M

In accordance with the transactions count,

Dubai Marina recorded 80 transactions, worth AED 114.6M
Business bay recorded 70 transactions, worth AED 152.8M
Palm Jumeirah recorded 34 transactions, worth AED 73.3M
Jumeirah Village Circle recorded 17 transactions, worth AED 19.5M
Dubai Healthcare City Phase 2 recorded 15 transactions, worth AED 17.9M
Al Furjan recorded 15 transactions, worth AED 8.8M
Zabeel First recorded 12 transactions, worth AED 66.9M
Jumeirah Village Triangle recorded 7 transactions, worth AED 6M
Damac Hills 2 recorded 7 transactions, worth AED 3.7M
Dubai Creek Harbour recorded 6 transactions, worth AED 19M

February:

In accordance with the sales worth,

Jumeirah Beach Residence recorded 28 transactions, worth AED 105.4M
Business Bay recorded 45 transactions, worth AED 100.6M
Dubai Marina recorded 53 transactions, worth AED 62.4M
Zaabeel First recorded 12 transactions, worth AED 61.3M
Palm Jumeirah recorded 17 transactions, worth AED 40.6M
Dubai Healthcare City Phase 2 recorded 26 transactions, worth AED 29.4M
Jumeirah Village Circle recorded 14 transactions, worth AED 25.6M
Downtown Dubai recorded 6 transactions, worth AED 25.4M
Al Furjan recorded 49 transactions, worth AED 25M
Jumeirah Village Triangle recorded 23 transactions, worth AED 16M

In accordance with the transactions count,

Dubai Marina recorded 53 transactions, worth AED 62.4M
Al Furjan recorded 49 transactions, worth AED 25M
Business Bay recorded 45 transactions, worth AED 100.6M
Jumeirah Beach Residence recorded 28 transactions, worth AED 105.4M
Dubai Healthcare City Phase 2 recorded 26 transactions, worth AED 29.4M
Jumeirah Village Triangle recorded 23 transactions, worth AED 16M
Palm Jumeirah recorded 17 transactions, worth AED 40.6M
Jumeirah Village Circle recorded 14 transactions, worth AED 25.6M
Zaabeel First recorded 12 transactions, worth AED 61.3M
Damac Hills 2 recorded 12 transactions, worth AED 5.1M

Top projects:

January:

In accordance with the sales worth,

Ciel Tower recorded 79 transactions, worth AED 113.9M
SLS Dubai Hotel and Residences recorded 19 transactions, worth AED 71.3M
One Zaabeel Tower recorded 12 transactions, worth AED 66.9M
Balqis Residence 3 recorded 30 transactions, worth AED 64.8M
The Address Jumeirah Resort Tower 2 recorded 1 transaction, worth AED 47.5M
Aykon City Tower B recorded 16 transactions, worth AED 30.1M
ADDRESS HARBOUR POINT recorded 6 transactions, worth AED 19M
O Ten (O10) recorded 15 transactions, worth AED 17.9M
The First Collection Business Bay recorded 11 transactions, worth AED 12.1M
FIVE at Jumeirah Village Circle recorded 7 transactions, worth AED 10.6M

In accordance with the transactions count,

Ciel Tower recorded 79 transactions, worth AED 113.9M
Balqis Residence 3 recorded 30 transactions, worth AED 64.8M
SLS Dubai Hotel and Residences recorded 19 transactions, worth AED 71.3M
Aykon City Tower B recorded 16 transactions, worth AED 30.1M
O Ten (O10) recorded 15 transactions, worth AED 17.9M
One Zaabeel Tower recorded 12 transactions, worth AED 66.9M
The First Collection Business Bay recorded 11 transactions, worth AED 12.1M
The One Hotel recorded 8 transactions, worth AED 10.5M
Azizi Star recorded 8 transactions, worth AED 4.4M
FIVE at Jumeirah Village Circle recorded 7 transactions, worth AED 10.6M

February:

In accordance with the sales worth,

Five Luxe recorded 26 transactions, worth AED 104.1M
One Zaabeel Tower recorded 12 transactions, worth AED 61.3M
Ciel Tower recorded 50 transactions, worth AED 60M
SLS Dubai Hotel and Residences recorded 10 transactions, worth AED 49.4M
Azizi Mina recorded 12 transactions, worth AED 34.5M
O Ten (o10) recorded 26 transactions, worth AED 29.4M
The Address THE BLVD recorded 4 transactions, worth AED 22.7M
FIVE at Jumeirah Village Circle recorded 10 transactions, worth AED 22.4M
Aykon City Tower B recorded 14 transactions, worth AED 21.6M
Paramount Tower Hotel and Residences Downtown recorded 11 transactions, worth AED 17.7M

In accordance with the transactions count,

Ciel Tower recorded 50 transactions, worth AED 60M
Azizi Star recorded 28 transactions, worth AED 14.3M
Five Luxe recorded 26 transactions, worth AED 104.1M
O Ten (o10) recorded 26 transactions, worth AED 29.4M
Azizi Plaza recorded 16 transactions, worth AED 7.9M
Aykon City Tower B recorded 14 transactions, worth AED 21.6M
One Zaabeel Tower recorded 12 transactions, worth AED 61.3M
Azizi Mina recorded 12 transactions, worth AED 34.5M
Paramount Tower Hotel and Residences Downtown recorded 11 transactions,worth AED 17.7M
Park Inn by Radissonrecorded 11 transactions, worth AED 7M

Villa plots - primary market

A total of 82 transactions, worth AED 280.3M were recorded in January while in February 397 transactions, worth AED 1.5Bn were recorded.

Top locations:

January:

In accordance with the sales worth,

The Valley recorded 32 transactions, worth AED 173.7M
Living Legends recorded 36 transactions, worth AED 58.5M
Umm Al Sheif recorded 1 transaction, worth AED 13.4M
Jumeirah Golf Estates recorded 3 transactions, worth AED 12.3M
Town Square recorded 3 transactions, worth AED 6.2M
Jumeirah Village Circle recorded 2 transactions, worth AED 5.2M
Al Barsha South First recorded 1 transaction, worth AED 4.9M
Al Barsha Third recorded 1 transaction, worth AED 4M
Al Badaa recorded 2 transactions, worth AED 2.1M
Abu Hail recorded 1 transaction, worth AED 123.6K

In accordance with the transactions count,

Living Legends recorded 36 transactions, worth AED 58.5M
The Valley recorded 32 transactions, worth AED 173.7M
Jumeirah Golf Estates recorded 3 transactions, worth AED 12.3M
Town Square recorded 3 transactions, worth AED 6.2M
Jumeirah Village Circle recorded 2 transactions, worth AED 5.2M
Al Badaa recorded 2 transactions, worth AED 2.1M
Umm Al Sheif recorded 1 transaction, worth AED 13.4M
Al Barsha South First recorded 1 transaction, worth AED 4.9M
Al Barsha Third recorded 1 transaction, worth AED 4M
Abu Hail recorded 1 transaction, worth AED 123.6K

February:

In accordance with the sales worth,

The Valley recorded 134 transactions, worth AED 693.9M
Town Square recorded 113 transactions, worth AED 225.5M
Damac Lagoons recorded 67 transactions, worth AED 181.9M
Nad Al Sheba First recorded 33 transactions, worth AED 171.3M
Jumeirah Golf Estates recorded 14 transactions, worth AED 101.7M
Tilal Al Ghaf recorded 8 transactions, worth AED 81.4M
Arabian Ranches Phase 3 recorded 16 transactions, worth AED 39.3M
Living Legends recorded 4 transactions, worth AED 6.4M
District Seven recorded 3 transactions, worth AED 4.5M
Jumeirah First recorded 1 transaction, worth AED 3M

In accordance with the transactions count,

The Valley recorded 134 transactions, worth AED 693.9M
Town Square recorded 113 transactions, worth AED 225.5M
Damac Lagoons recorded 67 transactions, worth AED 181.9M
Nad Al Sheba First recorded 33 transactions, worth AED 171.3M
Arabian Ranches Phase 3 recorded 16 transactions, worth AED 39.3M
Jumeirah Golf Estates recorded 14 transactions, worth AED 101.7M
Tilal Al Ghaf recorded 8 transactions, worth AED 81.4M
Living Legends recorded 4 transactions, worth AED 6.4M
District Seven recorded 3 transactions, worth AED 4.5M
Jumeirah First recorded 1 transaction, worth AED 3M

Top projects:

January:

In accordance with the sales worth,

The Valley - Farm Gardens recorded 32 transactions, worth AED 173.7M
The Eugene Townhouses recorded 36 transactions, worth AED 58.5M
Jouri Hills recorded 3 transactions, worth AED 12.3M
Maha Townhouses recorded 3 transactions, worth AED 6.2M
Royal Park South Villas recorded 2 transactions, worth AED 5.2M

In accordance with the transactions count,

The Eugene Townhouses recorded 36 transactions, worth AED 58.5M
The Valley - Farm Gardens recorded 32 transactions, worth AED 173.7M
Jouri Hills recorded 3 transactions, worth AED 12.3M
Maha Townhouses recorded 3 transactions, worth AED 6.2M
Royal Park South Villas recorded 2 transactions, worth AED 5.2M

February:

In accordance with the sales worth,

The Valley - Farm Gardens recorded 110 transactions, worth AED 649.2M
Maha Townhouses recorded 113 transactions, worth AED 225.5M
Ibiza recorded 67 transactions, worth AED 181.9M
Nad Al Sheba Gardens Phase 3 recorded 26 transactions, worth AED 104.6M
Jouri Hills recorded 14 transactions, worth AED 101.7M
Alaya recorded 8 transactions, worth AED 81.4M
Nad Al Sheba Gardens Phase 2 recorded 7 transactions, worth AED 66.7M
The Valley - Elora recorded 24 transactions, worth AED 44.6M
Anya recorded 16 transactions, worth AED 39.3M
The Eugene Townhouses recorded 4 transactions, worth AED 6.4M

In accordance with the transactions count,

Maha Townhouses recorded 113 transactions, worth AED 225.5M
The Valley - Farm Gardens recorded 110 transactions, worth AED 649.2M
Ibiza recorded 67 transactions, worth AED 181.9M
Nad Al Sheba Gardens Phase 3 recorded 26 transactions, worth AED 104.6M
The Valley - Elora recorded 24 transactions, worth AED 44.6M
Anya recorded 16 transactions, worth AED 39.3M
Jouri Hills recorded 14 transactions, worth AED 101.7M
Alaya recorded 8 transactions, worth AED 81.4M
Nad Al Sheba Gardens Phase 2 recorded 7 transactions, worth AED 66.7M
The Eugene Townhouses recorded 4 transactions, worth AED 6.4M

Retail - Primary Market

In January, Retail Properties did not do any business according to the records while in February a significant number of sales occurred, 32 transactions, worth AED 55.6M.

Top locations:

February:

In accordance with the sales worth,

Meydan One recorded 15 transactions, worth AED 30.6M
Dubai Silicon Oasis recorded 5 transactions, worth AED 9M
Jumeirah Lake Towers recorded 2 transactions, worth AED 7.1M
Jebel Ali Downtown recorded 1 transactions, worth AED 4.1M
Jumeirah Village Circle recorded 2 transactions, worth AED 1.8M
International City recorded 2 transactions, worth AED 1.4M
Al Furjan recorded 1 transaction, worth AED 1.4M
Palm Jumeirah recorded 4 transactions, worth AED 94.2K

In accordance with the transactions count,

Meydan One recorded 15 transactions, worth AED 30.6M
Dubai Silicon Oasis recorded 5 transactions, worth AED 9M
Palm Jumeirah recorded 4 transactions, worth AED 94.2K
Jumeirah Lake Towers recorded 2 transactions, worth AED 7.1M
Jumeirah Village Circle recorded 2 transactions, worth AED 1.8M
International City recorded 2 transactions, worth AED 1.4M
Jebel Ali Downtown recorded 1 transactions, worth AED 4.1M
Al Furjan recorded 1 transaction, worth AED 1.4M

Top projects:

February:

In accordance with the sales worth,

Silicon Heights 2 recorded 5 transactions, worth AED 9M
Azizi Riviera 19 recorded 2 transactions, worth AED 8.8M
O2 Residence Tower recorded 2 transactions, worth AED 7.1M
Azizi Riviera 4 recorded 7 transactions, worth AED 6.8M
Azizi Riviera 23 recorded 1 transaction, worth AED 4.9M
Azizi Riviera 20 recorded 1 transaction, worth AED 4.1M
Azizi Aura recorded 1 transaction, worth AED 4.1M
Pantheon Elysee III recorded 2 transactions, worth AED 1.8M
Azizi Riviera 27 recorded 1 transaction, worth AED 1.6M
Azizi Riviera 8 recorded 1 transaction, worth AED 1.5M

In accordance with the transactions count,

Azizi Riviera 4 recorded 7 transactions, worth AED 6.8M
Silicon Heights 2 recorded 5 transactions, worth AED 9M
Balqis Residence 2 recorded 4 transactions, worth AED 94.2K
Azizi Riviera 19 recorded 2 transactions, worth AED 8.8M
O2 Residence Tower recorded 2 transactions, worth AED 7.1M
Pantheon Elysee III recorded 2 transactions, worth AED 1.8M
Azizi Riviera 23 recorded 1 transaction, worth AED 4.9M
Azizi Riviera 20 recorded 1 transaction, worth AED 4.1M
Azizi Aura recorded 1 transaction, worth AED 4.1M
Azizi Riviera 27 recorded 1 transaction, worth AED 1.6M

Residential Land - Primary Market

Residential lands also saw no sales in January while in February there were a number of transactions recorded i.e. 14 transactions, worth AED 306.2M

Top locations:

February:

In accordance with the sales worth,

Business Bay recorded 1 transaction, worth AED 150M
Liwan recorded 1 transaction, worth AED 78M
Majan recorded 1 transaction, worth AED 18M
Al Merkadh recorded 2 transactions, worth AED 15.4M
Jumeirah Second recorded 2 transactions, worth AED 14.5M
Jumeirah First recorded 2 transactions, worth AED 14M
Al Wasl recorded 1 transaction, worth AED 6.2M
Al Barsha Third recorded 1 transaction, worth AED 5.8M
International Phase 2 and 3 recorded 1 transaction, worth AED 3.7M
Palm Jumeirah recorded 1 transaction, worth AED 422.9K

In accordance with the transactions count,

Al Merkadh recorded 2 transactions, worth AED 15.4M
Jumeirah Second recorded 2 transactions, worth AED 14.5M
Jumeirah First recorded 2 transactions, worth AED 14M
Business Bay recorded 1 transaction, worth AED 150M
Liwan recorded 1 transaction, worth AED 78M
Majan recorded 1 transaction, worth AED 18M
Al Wasl recorded 1 transaction, worth AED 6.2M
Al Barsha Third recorded 1 transaction, worth AED 5.8M
International Phase 2 and 3 recorded 1 transaction, worth AED 3.7M
Palm Jumeirah recorded 1 transaction, worth AED 422.9K

Office - Primary Market

Office properties saw 6 transactions, worth AED 6.6M in February but none took place in January.

Top locations:

February:

In accordance with the sales worth,

The Greens recorded 1 transaction worth AED 2.5M
Business Park Motor City recorded 1 transaction, worth AED 2.2M
Business Bay recorded 3 transactions, worth AED 1.2M
Jumeirah Lake Towers recorded 1 transaction, worth AED 735.1K
In accordance with the transactions count,
Business Bay recorded 3 transactions, worth AED 1.2M
The Greens recorded 1 transaction worth AED 2.5M
Business Park Motor City recorded 1 transaction, worth AED 2.2M
Jumeirah Lake Towers recorded 1 transaction, worth AED 735.1K

Top projects:

February:

In accordance with the sales worth,

The Onyx Tower 2 recorded 1 transaction worth AED 2.5M
Control Tower recorded 1 transaction, worth AED 2.2M
HDS Tower recorded 1 transaction, worth AED 735.1K
Tamani Arts Tower recorded 2 transactions, worth AED 700K
Park Lane Tower recorded 1 transaction, worth AED 473.2K

In accordance with the transactions count,

Tamani Arts Tower recorded 2 transactions, worth AED 700K
The Onyx Tower 2 recorded 1 transaction worth AED 2.5M
Control Tower recorded 1 transaction, worth AED 2.2M
HDS Tower recorded 1 transaction, worth AED 735.1K
Park Lane Tower recorded 1 transaction, worth AED 473.2K

Building - Primary Market

There was one transaction recorded in February while no sales took place in January.

Top locations:

February:

Business Bay recorded 1 transaction, worth AED 156.3M

Top projects:

February:

Langham Place Downtown Dubai By Omniyat recorded 1 transaction, worth AED 156.3M

The information provided is from the sources of the Broker Terminal, an innovative platform that boasts an impressive scope, covering over 6,000 real estate projects across all freehold locations in Dubai. This includes comprehensive details about 360 developers and their respective projects. With such an extensive and thorough database, Broker Terminal serves as an unmatched resource for investors seeking to make informed decisions in the Dubai real estate market. Its unparalleled depth and breadth of information make it an essential tool for anyone looking to stay ahead of the curve in this fast-paced industry.

Also, check out the secondary market report for January and February's sales:

https://brokerterminal.com/news/post/secondary-real-estate-market-in-dubai-sees-increase-in-transactions-and-sales-value-in-february,-with-villas-and-serviced-apartments-leading-the-way