Zoom Property Insights reveals top locations for apartment and villa sales in 2022 in Dubai ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Zoom Property Insights reveals top locations for apartment and villa sales in 2022 in Dubai
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 15
According to a new report by Zoom Property Insights, Dubai saw 97,400 real estate transactions worth $72.3bn in 2022, with many residents and investors opting to buy property in the heart of the city. With more than 10,300 real estate transactions valued at $4.8bn, at an average price of $327,000, Business Bay led the chart for the highest sales in 2022; the prime area is expected to continue its supremacy in 2023. Other communities that are expected to perform well in the new year are Dubai Marina, JVC, and Downtown Dubai, the report added. Ata Shobeiry, CEO of Zoom Property, lauded the property market’s remarkable performance in 2022, saying it proved to be a record-breaking year for Dubai

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