Dubai’s real estate market is continuing to see increased deals as the emirate prepares to host Expo 2020 at the start of next month. According to the 18th edition of Mo’asher, Dubai’s official sales price index, August witnessed the second-highest number of sales transactions in one month since December 2013.

August registered a total of 5,780 sales transactions worth AED14.97 billion, becoming the best August in 12 years۔ The index, launched by Dubai Land Department (DLD) in cooperation with Property Finder, said that average apartment prices stood at AED931,310, while the villas/townhouses price was AED1,909,567. Compared to the base month and year of January 2012, the overall Index rose by 1.20 percent, with the apartment index rising by 1.36 percent and the villa/townhouse index rising by 3.18 percent.