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November 2023

Real estate trend: Value of existing properties rises by 80%

Real estate trend in October: the real estate sector in Dubai recorded a significant increase in purchases and sales of existing properties with a year-on-year increase in value of over 80%. According to research by Property Finder, 7,128 transactions totaling AED 29.7 billion ($8.1 billion) were completed, representing an increase in value of 17.46%. Apartments were preferred by 60% of buyers, while 40%...

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