Dubai’s residential rents and transactions reach record highs in 2022, says CBRE

The total volume of transactions in Dubai reached 8,662 in December 2022, a growth of 63.0% from the previous year. This has been supported by a 92.5% increase in off-plan sales and a 35.4% jump in secondary sales. Over the full year, a record total of 90,881 residential transactions has been registered in 2022, exceeding the historic record high of 81,182 from 2009.

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