Dubai Real Estate Market: Year 2022 Facts & Figures
Key Take Aways
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In the villa segment of the market, Palm Jumeirah registered the highest sales rate/sqft in Dec 2022. In the apartment segment, Jumeirah has registered the highest sales rate/sqft in Dec 2022.
![Dubai Real Estate Market](https://bondproperties.co/wp-content/uploads/2023/03/Screen-Shot-2023-03-10-at-5.52.33-PM.png)
On an Index base of 100, Dubai realty price index is still at Feb 2018, Dec. 2013 & Oct 2008 price levels (152); about 20 points from Sept.2014 peak.
2022 UAE’s Real GDP Forecast to reach over 5.1 for 2022 (Yet to be published) with a forecast of 4.2% for 2023.
CPI Inflation at 5.2% (i.e. UK 11.3%, US 6.4%) (still. Oct 2022 data).