Dubai real estate posts record Dhs10.98b transactions in April
26 May 2021
Sajjad Ahmad,
Gulf Today
Dubai’s real estate market continues to achieve record numbers in the number and value of real estate sales transactions, thus enhancing the emirate’s global position as the preferred, and most attractive and flexible real estate investment destination.
The 14th edition of Mo’asher, Dubai’s official sales price index, showed that 4,832 sales transactions worth Dhs10.98 billion were recorded in April 2021, the highest value in four years, specifically since March 2017.
The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. April 2021 had 4,382 sales transactions worth Dhs10.98 billion, 4.2 per cent more than March 2021 in terms of volume and 0.6 per cent more in terms of value. This brings the year to April total to 16,577 sales transactions worth Dhs36.12 bi