Dubai residential market sees 55% surge in transactions, Sobha Realty tops

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Dubai residential market sees 55% surge in transactions, Sobha Realty tops - Business Standard

Quick Summary:

Locality-level analysis suggests that Business Bay and Jumeirah Village Circle (JVC) featured prominently, with the former ranking first in sales value and the latter leading in transactions.

The average registered home sales value stood at AED 1.97 million, marking a small 7% decrease compared to the previous year.

When it comes to registered home sales value, Sobha Realty again topped the list with AED 4,297 million, thanks to the strong performance of Sobha Orbis.