There were 4,200 deals in November 2023, which was up 105% from October. The increase in the number of transactions was also reflected in the overall sales statistics, as off-plan real estate accounted for 49.5% of the total number of transactions.
In November, sales of completed properties increased by 11.7% compared to the previous month and by 8.2% year-on-year. The leaders in terms of sales were from the developers Emaar Properties, DAMAC Properties, Nakheel and Falcon City of Wonders, whose projects continue to attract significant interest. Popular areas housing off-plan real estate are Jumeirah Village Circle (JVC), Business Bay, Palm Jebel Ali and Downtown Dubai. The top three leaders in sales of completed real estate were JVC, Falcon City of Wonders and Business Bay.