The real estate market in Dubai achieved unprecedented transaction volumes in 2023.

In 2023, the residential real estate market in Dubai, as reported by CBRE, saw an unparalleled surge in transactions, with a total of 118,993 residential units changing hands. This represented a significant 29.6 percent increase compared to the previous year. The remarkable growth was primarily fueled by activity in both the off-plan and secondary markets, underscoring the enduring appeal and strength of Dubai’s real estate sector.

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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