Dubai: Top 9 areas recording highest value of property transactions in H1 revealed
by rayan on August 15, 2023
Exciting news for the Dubai real estate market! š According to recent reports, these top 9 areas have recorded the highest value of property transactions in H1 2023. Investing in Dubai’s thriving property market can be a smart move for those seeking growth opportunities in the region. š Whether you’re looking for a dream home or a promising investment contact us now to know more about new area with huge potential.
Dubai MarinaĀ topped the list with transactions worth over Dh24.96 billion. Marina is an affluent neighbourhood, offering world-class facilities to residents and plenty of options for shopping.
Wadi Al Safa 3Ā came second with Dh20.99 billion worth of property transactions in H1 2023. Offering a mix of residential buildings and villas, the locality is easily accessible from Dubaiās main roads.
Palm Jumeirah, which is home to some of the richest people in the UAE and globally, recorded Dh19.43 billion worth of transactions. Popularly known as the Billionairesā Row, Frond G on the Palm is one of the most expensive areas in the entire emirate. It has more signature villas than all of Palm Jumeirah combined.
Jebel Ali Industrial FirstĀ registered Dh14.02 billion worth of transactions. This area is increasingly getting popularity after the launch of Palm Jebel Ali. In the coming years, this locality will also be one of the most sought-after destinations in the emirate.
Business BayĀ is one of the most popular places for offices and residences. Located centrally and close to Downtown, Business Bay has seen some of the most prestigious project launches in Dubai such as Bugatti by Binghatti Residences where a penthouse is up for sale for Dh750 million.
Al Khairan FirstĀ recorded Dh10.81 billion worth of real estate transactions. Offering a mix of residential apartments and villas with a range of amenities and facilities, the area gives a cosmopolitan feel to the residents.
Hadaeq Mohammed bin RashidĀ area saw Dh10.27 billion worth of transactions during January-June 2023. Centred around the concept of āgarden living, the project is centrally located and spans across the Nad Al Sheba area.
Jebel Ali FirstĀ registered Dh9.64 billion worth of transactions. This is an upcoming community offering a mix of residential and commercial development.
