The trend in real estate transactions in Dubai has resumed its upward trajectory, with the number of real estate transactions to 61,241, surpassing all figures prior to 2013, according to Property Finder, while the value of transactions reached approximately 151.07 billion dirhams—the highest figure since 2009—marking a 110.19% compared to 2020, while the total number of transactions throughout 2021 rose by approximately 74.77% compared to 2020.

Completed properties accounted for 59.6% of total real estate transactions in Dubai last year, while the remainder consisted of off-plan properties, Real estate transactions at the Dubai Land Department yesterday totaled more than 1.3 billion dirhams, with the department recording 306 sales worth 872.38 million dirhams, including 41 land sales worth 276.87 million dirhams and 265 sales of apartments and villas worth 595.51 million dirhams.

The most significant land sale, valued at 43 million dirhams, took place in the Al Karama area, followed by a sale worth 25 million dirhams in the Jumeirah 2 area, followed by a transaction worth 20 million dirhams in the Seih Shuaib 4 area.