The UAE Real Estate Market – Q3 2022
UAE’s real estate continues to build momentum
- Khawar Khan
Across the UAE, price growth is being fueled by investor and end-user demand. Off-plan sales are high, while secondary market sales are also improving, in light of increasing yields. Around 6,600 residential units were handed over in Dubai in Q3, raising total stock to 672,000 units, while an additional 20,000 units are scheduled for completion by year end. In Abu Dhabi, approximately 1,900 units were delivered in Q3, bringing the Emirate’s total dwellings to roughly 278,000 units.
Read our latest report for an overview of the office, residential, retail and hospitality sectors in Dubai and Abu Dhabi.