July 2018 sales Dubai Property Market

The secondary market has seen more transactions against the same period in 2017, but off plan sales have experienced a 50% drop.

Last year from the 1st July 2017 – 19th July 2017, the Dubai Land Department transferred 686 properties in the secondary market and 1,366 properties off plan (Oqood Registrations).

In the same period this year, 1st July 2018 – 19th July 2018, the Dubai Land Department transferred 835 properties in the secondary market and 688 properties off plan (Oqood Registrations).

Report by Laura Adams, Managing Director of Carlton Real Estate.

Data from propertymonitor.ae

75 of the secondary market apartment sales occurred in City Walk, Jumeirah closely followed by 55 sales in International City and 46 sales in Dubai Marina.

In the secondary market, Emirates Living (Springs, Meadows, Lakes), Arabian Ranches and Mohammed Bin Rashid City saw the bulk of sales since 1st July 2018.

Business Bay has seen the majority of off plan apartment sales since July 1st with 91 transactions, Mohammed Bin Rashid saw 68 registrations, Jumeirah Village Circle had 50 sales.  

The majority of Villa Oqood Registrations since the 1st July have been in Mohammed Bin Rashid City, the 2nd phase of Arabian Ranches and Town Square.


Dubai Property For Sale 

Augusta Style, Flame Tree Ridge
Vacant, 5 Bedrooms
overlooking 17th signature hole of the Jumeirah Lake Golf Club
Call Sharon 052 931 1244

Serviced Apartment, Azizi Samia
2Bedrooms, Pool View
Near to Hand-Over
Call Sharon 052 931 1244

Burj Views A, Downtown
2Bedrooms with balcony
Partial Burj Khalifa View rented till November 2018
AED 1.75M
Call Pawan 052 323 8774

Ritaj Tower F, DIP 2
2Bedrooms +Maid’s, garden view
Rented till Nov 2018, no mortgage
Call Moeen 052 709 3710

Marina Crown, Dubai Marina
3Bedrooms+Maid’s, Vacant
Full Sea View
AED 2.275M
Call Moeen 052 709 3710

Dubai Property For Lease

Dreams Tower, Dubai Marina
1bedroom from 63K- 73K
Size: 750 sqft. to 1100 sqft.
2Bedrooms from 80K- 90K per year
Size: 1200- 1600 sqft.
6cheques, Call Laura: 050 980 6722

Icon 2, JLT
2Bedrooms+Maid’s, vacant, Lake view
High Floor, AED80,000 in 4cheques
Call Moeen: 052 709 3710

DEC 1, Dubai Marina
Huge 1Bedroom with balcony
2 parking spaces, AED 60,000 in 6cheques
Call Moeen 052 709 3710

Net.Com, Oud Metha
Studio from 50,000 per year
1Bedroom from 80,000 per year
2Bedrooms from 95,00 per year
Rent in 4 cheques, Chiller free building
Call Pawan 052 323 8774

Brand New Building, Al Mamzar
2 Bedrooms with balcony
Near Al Qiyadah metro station
pool, covered parking, gym, AED 70,000 in 4cheques, Call Pawan 052 323 8774

Al Wasl Commercial Villa
Close to Life Pharmacy and ENBD Bank
Suitable for Clinic, Flower Shop, Petshop, Tailor Shop, AED 350K in 4cheques
Call David 055 931 2288

Uptown Mirdif Villa
3 Bedrooms plus storage, With own maintenance contract AED 150K in 4cheques
Call David 055 931 2288

Retail Shop, Bur Dubai, Karama side
Size: 700 sqft. Facing road, Fitted, suitable for any type of business, AED130K in 4cheques
Call David 055 931 2288

Augusta Type, Flame Tree Ridge
5Bedrooms, with pool, Facing 17th Hole Golf Club, AED 385K per year
Call Sharon 052 931 1244


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