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nginx {"id":31174,"date":"2024-01-13T05:32:15","date_gmt":"2024-01-13T05:32:15","guid":{"rendered":"https:\/\/konozgroup.net\/konozproperties\/?p=31174"},"modified":"2024-01-13T05:32:15","modified_gmt":"2024-01-13T05:32:15","slug":"dubai-real-estate-market-2023-results","status":"publish","type":"post","link":"https:\/\/konozgroup.net\/konozproperties\/dubai-real-estate-market-2023-results\/","title":{"rendered":"Dubai Real Estate Market 2023 Results"},"content":{"rendered":"

Dubai Real Estate Market \u2013 2023 Results<\/h2>\n
Property Sales <\/b><\/p>\n
Compared to 2022:<\/p>\n
Total volume increased by 38% \u2013 133,134 transactions<\/p>\n
Value rose by 56% \u2013 $112 billion<\/p>\n
Highest performance for a year ever recorded <\/b><\/p>\n
Existing properties’ volume increased by 20.7% \u2013 64,351 transactions<\/p>\n
Value rose by 46.8% \u2013 $68 billion<\/p>\n
Off-plan volume increased by 59.4% \u2013 68,783 transactions<\/p>\n
Value rose by 39% \u2013 $44 billion<\/p>\n
Sales prices in Dubai for a 1-bedroom apartment in TOP 5 popular areas:<\/p>\n
1. Dubai Marina \u2013 $395,000<\/p>\n
2. Downtown Dubai \u2013 $517,000<\/p>\n
3. Jumeirah Village Circle \u2013 $231,000<\/p>\n
4. Business Bay \u2013 $422,000<\/p>\n
5. Palm Jumeirah \u2013 $790,000<\/p>\n
Property Rental <\/b><\/p>\n
Compared to 2022:<\/p>\n
Rental contracts’ volume increased by 3.7% \u2013 625,661<\/p>\n
92.1% of them were annual contracts<\/p>\n
Annual rental prices in Dubai for a 1-bedroom apartment in TOP 5 popular areas:<\/p>\n
1. Dubai Marina \u2013 $30,000<\/p>\n
2. Jumeirah Village Circle \u2013 $19,000<\/p>\n
3. Downtown Dubai \u2013 $35,000<\/p>\n
4. Business Bay \u2013 $26,000<\/p>\n
5. Jumeirah Lake Towers \u2013 $22,000<\/p>\n","protected":false},"excerpt":{"rendered":"
Dubai Real Estate Market \u2013 2023 Results Property Sales Compared to 2022: Total volume increased by 38% \u2013 133,134 transactions Value rose by 56% \u2013 $112 billion Highest performance for a year ever recorded Existing properties’ volume increased by 20.7% \u2013 64,351 transactions Value rose by 46.8% \u2013 $68 billion Off-plan volume increased by 59.4% […]<\/p>\n","protected":false},"author":1,"featured_media":31175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,21],"tags":[],"class_list":["post-31174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selling-properties","category-real-estate"],"_links":{"self":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts\/31174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/comments?post=31174"}],"version-history":[{"count":1,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts\/31174\/revisions"}],"predecessor-version":[{"id":31176,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts\/31174\/revisions\/31176"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/media\/31175"}],"wp:attachment":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/media?parent=31174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/categories?post=31174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/tags?post=31174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}