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UAE: 5,000 off-plan properties were sold in Dubai in January, with a growth of 90%

The latest data issued by Property Finder revealed significant numbers achieved by the real estate market, which is witnessing a steady boom in Dubai.

According to this data, the transactions for January 2023 increased by 128.5% annually after several sales transactions exceeded 9,800, compared to 5,739 in January 2022.

The value of transactions recorded a remarkable increase, exceeding 28 billion dirhams and achieving an increase of more than 178% compared to the same month last year. While the value of transactions on ready-made real estate increased by about 42% annually, reaching around 16 billion dirhams, compared to 11.4 billion dirhams in January 2022. In January, the highest rate of volume and value of transactions in a decade was recorded. The current data reflected the evolving tastes and preferences of the property owners and tenants.

According to figures revealed by Property Finder data, 59% of those wishing to own property are looking for apartments, while 41% are interested in villas or townhouses. As for those wishing to rent, research data indicated that about 80% of those looking for rent are looking for renting apartments, while 20% of them are looking for villas or independent houses (townhouses).



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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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