Dubai Real Estate Market: Year 2022 Facts & Figures

Published by Bond Properties on

Key Take Aways

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

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).

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