Recent releases have been met with sustained demand.

Thanks to its successful handling of the COVID-19, the city’s attraction has ballooned substantially since the outbreak of the pandemic.

Figures released by Property Finder revealed that June saw the highest monthly volume of property sales transactions since December 2013

Behaviours shifted during the year and key trends emerged based on activity and data

The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions

A total of 2,457 properties worth Dh4.73bn were sold last month, an annual increase of 11.3%

Dubai saw 5,605 sales transactions in Q2 2020.

Developers are adapting to the current situation by introducing attractive payment plans and some offer other benefits as well.

The Emirate registered six sales above $10m between March and June,

Lockdown caused delay in transferring properties, however transaction levels remained consistent with over a thousand transactions month-on-month.

Over the last three weeks, the number of real estate transactions has been consistently increasing by nearly 11 percent on average.

There were more than 570 transactions per week on average in June and the secondary property market in Dubai has recovered to pre-coronavirus levels.