Cookie Consent by Privacy Policies Generator website DLD: 5,762 Real Estate Sales Transactions worth AED 16.2 Billion in September 2021 :

Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 Highlights for September 2021
● Highest Value of Sales Transactions in a month since December 2013
● 56% of sales transactions were in the secondary/ready market and 44% were off-plan
Highlights for Q3 2021
● Q3 2021 had 15,926 sales transactions worth AED 42.35 billion
● 56.6% of sales transactions were in the secondary/ready market and 43.38% were off-plan
Dubai, UAE, 20 October 2021 – The past months leading up to the launch of the global event Expo 2020 Dubai witnessed an exceptional growth in general in real estate sales transactions in terms of volume and value. However, September 2021 recorded greater achievements, with recording the highest value of real estate sales in one month since December 2013 via 5,762 sales transaction worth over AED16.2 billion, bring the year-to-date total value to over AED 100 billion. This is according to the 19th edition of Mo'asher, Dubai's official sales price index, launched by Dubai Land Department (DLD) in cooperation with Property Finder.
The base year for Mo'asher is 2012 and the base month for the monthly index is January 2012. In September 2021 the Overall monthly Index recorded 1.115 and an index price of AED 1,065,816, Apartments monthly Index recorded 1.14 and an index price of AED 954,524 and Villas/Townhouses monthly Index recorded 1.098 and an index price of AED 1,940,843.
In Q3 2021 the Overall Quarterly Index recorded 1.128 and an index price of AED 1,053,263, Apartments Quarterly Index recorded 1.134 and an index price of AED 946,644 and Villas/Townhouses Quarterly Index recorded 1.124 and an index price of AED 1,954,802.
Overview September 2021
 September 2021 had 5,762 transactions worth AED 16.2 billion, making it the best September on record in the past 8 years. This brings the year-to-date total to 43,299 sales transactions worth AED 104.3 billion. In just 9 months, the value of real estate sales transactions is 45.15% more than 2020 as a whole and is already the highest yearly sales figure since 2017.
In September 2021, 56% of all sales transactions were for secondary/ready properties and 44% were for off-plan properties. When we look at the volume of sales transactions, the off-plan market transacted 2,530 properties worth a total of AED 5.1 billion. This is the highest value of off-plan sales transactions the Dubai Real estate market has seen in over 8 years. The Secondary market transacted 3,232 sales transactions worth AED 11.1 billion.
Overview Q3 2021
Q3 2021 has been the best Q3 recorded in the history of Dubai's real estate sector in terms of sales transaction value and the best Q3 for sales transaction volume since 2009 after recording 15,927 sales transactions worth AED 42.35 billion.
When compared to Q3 2020, Q3 2021 showed an increase of 85.36% in sales transaction volume and an increase of 135.42% in sales transaction value. To put it in perspective, when we compare to pre-covid times such as Q3 2019, Q3 2021 showed an increase of 64.51% in transaction volume and an increase of 138.81% in sales transaction value.
In Q3 2021, 56.6% of all sales transactions were for secondary/ready properties and 43.38% were for off-plan properties. When we look at the volume of transactions, the off-plan market transacted 6,909 properties worth a total of AED 13.5 billion and the secondary market transacted 9,017 properties worth a total of AED 28.85 billion. 
Comparing this to Q2 2021, the volume of off-plan sales transactions increased by 14.67% and the secondary/ready property sales transactions decreased 6.02%. The value of off plan sales transactions increased by 47.11% and the value of secondary sales transactions increased by 4.24%. 

Posted by : GoDubai Editorial Team
Viewed 3907 times
Posted on : Wednesday, October 20, 2021  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Hypermotion Dubai Advisory Member Ranks UAE among World's Highest Charging Station-to-Vehicle Ratios
Next Story : The 2020 Edition of Happiest Workplaces in the Region Revealed
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Swiss Arabian Launches New Unisex Fragrance Line to Honor the Region's Heritage ...
Lulu Launches Campaign to Promote Local Products
The OMEGA Trésor is Enlivened With a New Malachite Dial
In limelight of a new Guinness World Record PACE Education Group
Joyalukkas Announces Biggest Sale of Year for 5 Days!
Malabar Gold & Diamonds Launches its first Artistry Concept Store in Somajiguda,...
Bernhard H. Mayer celebrates the 50th year of UAE; launches limited-edition watc...
SEHA marked Commemoration Day across its Facilities
In Commemoration of the UAE's 50th National Day Ariel, Tide, and Bonux along wi...
Lincoln Marks the UAE's Golden Jubilee with a Unique View of the Country from 1,...
Union Coop Pays Tribute to the Brave Martyrs on Commemoration Day 2021
aswaaq Retail Celebrates UAE's 50th National Day with a Dedicated Store Fully Op...
Kanoo Machinery Showcases Innovative Machines, Equipment at Materials Handling O...
‘PLANET JAPAN BY M-TEchX' to Showcase Japanese Innovations at EXPO 2020 Site
National flag of Kazakhstan hoisted at EXPO 2020 Dubai
14 French companies visit Expo 2020 Dubai, UAE to export Normandy Region in the ...
Al Maya Group Congratulate UAE Leaders for 50 Years Celebrations
Patchi Celebrates The Nation's Success Story on UAE Year of the Fiftieth
EWEC To Conduct Second Clean Energy Certificates Auction in December
Hotpack Scoops four Honours at PRIME Awards 2021, MD chosen MEA Personality of t...
Sunny Varkey Launches Tmrw, a new Learning Operating System (LearnOS) for Global...
Asha's at Wafi Celebrates 50 years of UAE in an authentic way!
Cartoon Network Middle East Study Reveals Increase in Cyberbullying During Pandemic
DHA's Social Fund Programme Receives Financial Contribution from Al Rostamani Group
Angola's First Lady Empowers Senior Citizens With Project Dikota
Samsung Announces One UI 4 Update Rollout to further Enhance Galaxy Ecosystem Ex...
Team Abu Dhabi Primed for Big XCAT Title Battle After 222 Offshore Win Fujairah ...
Newborns in Dubai Hospitals Receive Gifts and Car Seats to Mark 50th UAE National Day
CLIC-CLAC: A New Mark of Allure
Emirates Post Group to unveil region's first NFT stamp in commemoration of the 5...
The Swiss Pavilion at Expo 2020 Dubai hosts “No time to Waste” Exhibition
Abu Dhabi Lights Up for Welcome Return of Mubadala World Tennis Championship
Summary of Weekly Real Estate Transactions for the Week Ending 30 November 2021.
eLife celebrates UAE National Day with free speed upgrades for customers
NAMA Panel at Expo 2020 Promotes Gender Responsive Budgeting to Achieve Gender E...
Euro Cup Dragon Boat Championship to make its debut Outside of Europe at Dubai's...
Ajman University Organizes Week-Long Celebrations for 50th UAE National Day
Stunning “From Desert to Mars” NFT Artwork Collection Showcasing the UAE's Succe...
Samsung Electronics Sold One Million Units of ‘The Frame' in 2021
Belgian F&B Retail Reps. Visit Union Coop
Fatima bint Mohamed bin Zayed Initiative & UNHCR raise AED 263,625 for Women & ...
FilMe to Feature ‘Jai Bhim' and ‘Matsya Kaand'
Wizz Air Abu Dhabi Launches New Promotion as Part of UAE Golden Jubilee and Nati...
SEHA announces operational hours for UAE National Day
Dubai Police and Mohammed Bin Rashid University of Medicine and Health Sciences ...
5 Million Flower Seedlings
Scotland Shares National Celebrations with the Rest of the World at Expo 2020 Dubai
Dubai Chamber to host Mohammed bin Rashid Al Maktoum Business Awards in December...
Aster Guardians Global Nursing Award worth US $250,000 Now Open for Nominations ...
UAE Adopts Largest Legislative Reform in its history