Villa prices in Dubai climbed 17.1% year over year in March, signaling continued market strength. On a quarterly basis, villa prices were 1.1% higher than the fourth quarter of last year, according to the latest data from real estate consultancy ValuStrat. Emirates Hills and Jumeirah Islands were the top-performing submarkets, registering annual increases of 21.1% each. Apartment prices also rose 6.6% year over year in March. Overall, residential sales grew 46.9% from a year ago, according to ValuStrat.
For a detailed perspective on the property market, visit: Dubai - VPI Residential Capital Values - March 2023