Serviced or hotel apartments are becoming an increasingly popular accommodation choice for travelers and individuals looking for a home away from home. These apartments offer many benefits over traditional hotel rooms, making them an ideal choice for those who want the comfort and convenience of a private apartment combined with the services and amenities of a hotel.

let's dive into the last 90 days' business in Dubai Real Estate Market :

Serviced/Hotel Apartment

Total Transaction count: 372

Total Transaction value: AED 1.2Bn

TOP LOCATIONS:

According to the Sales Value:

• AED 704M Downtown Dubai
• AED 163.5M Jumeirah Beach Residence
• AED 105.1 Palm Jumeirah
• AED 48.4M Dubai Creek Harbour
• AED 37.3M Business Bay
• AED 27.2M The Hills
• AED 22.9M Jumeirah Village Circle
• AED 14.7M Dubai Marina
• AED 11.6M Al Furjan
• AED 6.7M Barsha Heights

According to the Number of Transactions;

• 137 txns Downtown Dubai
• 58 txns Palm Jumeirah
• 35 txns Jumeirah Village Circle
• 31 txns Business Bay
• 25 txns Jumeirah Beach Residence
• 23 txns Al Furjan
• 18 txns Dubai Creek Harbour
• 14 txns Dubai Marina
• 13 txns Barsha Heights
• 9 txns Damac Hills (Akoya)

TOP PROJECTS:

According to Sales Value:

• AED 163.5M The Address Jumeirah Resort Tower
• AED 139.8M The Address The Blvd
• AED 119.9M The Address Residence Sky View2
• AED 102.4M The Address Residence Sky View 1
• AED 89.3M The Address Residence Fountain View 2
• AED 67M The Address Residence Fountain View 1
• AED 52.8M Vida Residence Downtown
• AED 46.1M The Address Downtown Hotel
• AED 45.9M Five Palm Jumeirah
• AED 39.8M Seven Residences

According to the Number of Transactions:

• 29 txns Milano Giovanni Boutique Suites
• 27 txns Five Palm Jumeirah
• 26 txns The Address The BLVD
• 25 txns The Address Jumeirah Resort Tower 2
• 23 txns Seven Residences
• 19 txns The Address Residence Fountain View 2
• 18 txns The Address Residence Sky View 2
• 15 txns The Address Residence Fountain View 1
• 14 txns The Address Residence Sky View 1
• 13 txns Vida Residence Downtown

The data presented above is sourced by Broker Terminal, for more details, visit Market Insights at Broker Terminal.

13february,2023