In first quarter of the year 5698 Apartments transferred and 622 Villa/ Townhouses transferred in sales transactions.
61% of the total transfers were off plan.
Business Bay, Mohammed Bin Rashid City and Jumeirah Village Circle dominated in off-plan sales transfers during the first quarter of the year. Meanwhile more traditional established communities such as Dubai Marina and International City led the secondary market apartment transfers, along with Dubai Sports City, which accounted for 13% of the total apartment resale transfers during Q1 2018.
Secondary market transfers among villas/townhouses surpassed the off-plan transfers in this category in Q1 2018, led by Emirates Living and Arabian Ranches, which together accounted for more than 42% of the total villa/townhouse secondary market transfers registered during the first quarter.
*Statistics and reports provided by Property Monitor powered by Cavendish Maxwell.
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