2021 saw exceptional results that will contribute to driving real estate sector in next 50 years: DLD

DUBAI, 28th January, 2022 (WAM) -- 2021 witnessed an exceptional performance for Dubai’s real estate market, supported by the results and numbers in December, whether in terms of real estate sales transactions, or the monthly index numbers.
December 2021 witnessed the registration of 5,601 sales transactions worth AED 15.68 billion, resulting in over 84,196 total transactions in 2021 worth AED 300 billion, which is the highest annual value ever in Dubai’s history. In December 2021, the overall monthly Index recorded 1.156 and an index price of AED 1,115,937, making it the highest since February 2019 in terms of index numbers and the highest in value since August 2018. This is according to the data of the 22nd edition of Mo’asher, Dubai’s official sales price index issued by Dubai Land Department (DLD) in cooperation with Property Finder.

The base year for Mo’asher is 2012, and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. The data affirmed that 2021 concluded with record numbers, positively reflecting on 2022, which is the first year in our journey towards the next 50 years, during which Dubai and the UAE seek to build the best global economy.
In December 2021, the overall monthly Index recorded 1.156 and an index price of AED 1,115,937, the apartments monthly Index recorded 1.182 and an index price of AED 1,000,253, and the villas/townhouses monthly Index recorded 1.167 and an index price of AED 1,990,496.artment (DLD).


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