The Dubai real estate market continues to draw local and global investors, as well as people looking to buy a home in the emirate for vacation or permanent residence.the total value of transactions between January 2023 and April 2023 reached AED 66.53B (USD 17.78B), including 19,733 off-plan transactions worth AED 43.27B (USD 11.78B) and 13,088 ready-to-move-in transactions worth AED 23.26B (USD 6.33B).|

In April 2023, there were 3,870 off-plan deals of AED 7.94B (USD 2.16B) and 2,950 completed unit transactions worth AED 5.26B (USD 1.43B). However, the quantity and value of transactions in both the off-plan and ready-to-move-in sectors decreased in April 2023. The Holy Month of Ramadan, Eid al-Fitr celebrations, and spring breaks all contribute to this.

Simultaneously, average off-plan property prices have risen by 35%, from AED 3.12M (USD 850K) in March to AED 4.22M (USD 1.15M) in April. The market for completed and ready-to-move-in properties has dropped from AED 3.2M (USD 871K) to AED 2.29M (USD 624K). Among the most popular places to live

​The most popular areas for purchasing off-plan properties were Dubai Marina, with transactions totaling AED 967M (USD 263M), Dubai Hills, with AED 883M (USD 240M), and Jumeirah Village Circle, with a total cost of transactions totaling AED 679M (USD 185M). Those who prefer to move to Dubai now rather than later can look at popular areas such as Downtown Dubai, Palm Jumeirah, and Dubai Marina, which all had transaction values totaling AED 652M (USD 178M), AED 595M (USD 162M), and AED 545M (USD 148M), respectively.