Dubai Registered 23,652 real estate transactions with a total value of 41.8 AED Billion till the end of August 2019.
2,034 transactions worth AED5.4 billion secured Downtown Dubai the top performing community in terms of value and volume of the total real estate transaction registered in Dubai Land Department for the mentioned period.
Dubai Hills Estate also witnessed a high demand from property buyers and investors, putting the community the second on the list for both volume and value of registered transactions.
It accounted for 1,771 residential transactions which were collectively worth AED3.4 billion. Jumeirah Village Circle (1,323 transactions), Business Bay (1,275) and Dubai Creek Harbour (1,214) came at 3d, 4th & the 5th respectively
Dubai Marina (1,096), Dubai South (1,089), International City (973), Jumeirah Lakes Towers (739) and Al Furjan (702). are the communities that completes the list of the top 10 most performing communities in terms of volume.
In terms of value Palm Jumeirah (AED2.5 billion) , Dubai Creek Harbour (AED2.3 billion), Business Bay (AED1.8 billion), Dubai Marina (AED1.77 billion), Dubai Harbour (AED1.6 billion), Mohammed Bin Rashid City (AED1.3 billion), JVC (AED1.09 billion) and Dubai South (AED1.03 billion) rounded up the top 10 most performing communities in Dubai.