The fourth quarter has only just begun, but the property market is already booming in Dubai!

Dubai is one of the safest and most happy cities to reside in, so it makes sense that more people are now looking to settle here for the long term.

Between September 12 to 16, i.e. over the past five days, Dubai has recorded property transactions worth AED 9.8 Billion!

In terms of land sales, Al Hebiah Fifth recorded the most transactions. In terms of Apartment and villa sales, Business Bay recorded the most transactions. This has been a common trend over the past few months.

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Dubai Land Department has reached AED 9.8 Billion in transactions this week.#التصرفات_العقارية #عقارات_دبي #أراضي_دبي#DLD #Dubairealestate #transactions pic.twitter.com/4ALoGoL2wz

— دائرة الأراضي والأملاك في دبي (@Land_Department) September 17, 2022

The highest property transaction week was recorded between July 18 to July 22 with AED 10.9 billion

This is the third-highest transaction week over the past three months, with the second being 9.9 billion between June 27 and July 1.

It is the highest transaction week over the past five weeks.

Dubai Land Department has reached AED 10.9 billion in transactions this week.#التصرفات_العقارية #عقارات_دبي #أراضي_دبي#DLD #Dubairealestate #transactions pic.twitter.com/P9iqefAwfa

— دائرة الأراضي والأملاك في دبي (@Land_Department) July 23, 2022

This is a sign that you need to move here!

This successful week is a great insight into what one can expect for this quarter.

Between 5 September and 9 September, transactions were at 9.4 billion- which is only AED 400 million short of the current week.

via GIPHY