Villa properties in Dubai register double-digit gains

Posted on September 13, 2021   |  

  • The average values for villa and apartments communities grew from 1.5% a year ago to 6.3% in August 
  • The Dubai house’s capital values are over 1.6 million dirhams ($435,000) and residential sales prices are at 1,020 dirhams per square foot, an increase of 894 dirhams last year.
  • Properties in Jumeirah Island increased by 20.8%, Dubai Hills Estate grew by 18.5% and the Lake rose by 18.3%
  • Emaar made 21.5% of the overall sales, followed by Nakheel (8.6 percent), Damac (6.1 percent), and Dubai Properties (6.1 percent). 
  • In August, sales transaction volume was 49% higher than in July and is still dominating with a 57% increase.