October 2017

Since 8th August 2017, to the 23rd October 2017, the Dubai Land Department has transferred over 7.9 billion Dirhams worth of property, which was accumulated from 2,425 secondary market sales across Dubai.

During the same period, there was 5,340 off plan Oqood registrations at the Dubai Land Department worth just under 7.6 billion Dirham.

Even though there was double the amount of off plan sales you will notice the sales value was around the same as the secondary market.  This is due to the availability of more affordable properties by developers.

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