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Top-performing areas for off-plan apartments
The off-plan property sales volume in Dubai went down in 2020 by -19.7% vs. 2019. The total sales value reached over AED 20B for almost 15,000 transactions. The off-plan apartments share was AED 16B for over 12,000 transactions making a decrease by -17.6% vs.
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The off-plan property sales volume in Dubai went down in 2020 by -19.7% vs. 2019. The total sales value reached over AED 20B for almost 15,000 transactions. The off-plan apartments share was AED 16B for over 12,000 transactions making a decrease by -17.6% vs. 2019.
The hottest areas for off-plan apartments in 2020 were:| Rank | Area | Volume |
| 1 | MBR City | 1,691 (+8.6% vs. 2019) |
| 2 | Jumeirah Village Circle | 1,464 (+169.6% vs. 2019) |
| 3 | Dubai Marina | 1,246 (+11.1% vs. 2019) |
| 4 | Business Bay | 1,155 (-22% vs. 2019) |
| 5 | Dubai Creek Harbour | 938 (-59.9% vs. 2019) |
The off-plan property market depends mainly on international investors; so, we expect sales to increase as flights come back to normal. In the coming blog, we will look at the top-performing areas for off-plan villas in Dubai in 2020.
