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AED300b of real estate deals in 2021

84.7k transactions highlight attractiveness and strong fundamentals of Dubai property

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Dubai's real estate market continues to serve as a key driver for the growth of various sectors and economic activities in the city, recording 84,772 transactions representing a value of AED 300 billion in 2021, according to the annual transaction report issued by the Dubai Land Department (DLD).

Strengthened by the government’s economic stimulus packages and the hosting of Expo 2020 Dubai, the sector's strong fundamentals and attractiveness of Dubai’s real estate market continue to benefit from flexible and transparent processes and draw investors from around the world.

The report revealed a 65% growth in the number of transactions and a 71% increase in value compared to 2020. A total of 52,415 investors concluded 72,207 new investments in 2021 worth AED 148 billion representing a 73.7% growth in the number of investments, a 65.6% rise in the number of investors, and a 100% increase in the value of investments compared to 2020.
Dubai’s robust infrastructure, flexible legislations that have kept pace with evolving market conditions, and safe environment contributed to deepening investment confidence in real estate.

The report shows there were 6,897 investors from the GCC that registered 8,826 investments worth over AED 16.88 billion.

A total of 6,097 Arab investors recorded 7,538 investments, with a value exceeding AED 12.4 billion. Dubai’s real estate sector also attracted 38,318 foreign investors, who concluded 51,553 new investments worth over AED 99 billion.

The Dubai Marina area saw the highest number of transactions, followed by Business Bay, Al Thanyah Fifth, Al Barsha South Fourth, Hadaeq Sheikh Mohammed Bin Rashid, Burj Khalifa, Wadi Al Safa 5, Al Hebiah Fourth, Al Merkadh, and Palm Jumeirah.

Dubai Marina also saw the highest value of transactions, followed by Palm Jumeirah, Hadaeq Sheikh Mohammed Bin Rashid, Burj Khalifa, and Business Bay.