Dubai real estate market value. 8% q/q and 23% y/y to 31,399 transactions.
Dubai real estate market value. 7% compared to the year prior.
Dubai real estate market value After surpassing AED 750 billion in 2024, the goal of reaching AED 1 trillion now seems within reach. 2. As we close the books on Q3 2024, Dubai’s real estate sector continues to demonstrate remarkable growth and resilience, cementing its status as one of the most dynamic markets in the world. #report: dubai real estate market q3 2022 The instability of the global economy and politics, as well as the generally sluggish summer season, had no detrimental influence on Dubai's property market, which finished the third quarter of 2022 on a strong note, extending the growth and recovery period to 23 months since bottoming out. According to the Savills World Cities Prime Residential Index, which tracks property prices across 30 global cities, Dubai led the way in 2023 with an impressive 17. The off-plan sales transactions during Q3 2023 were 2,954 , compared to 1,041 transitions in the same period last year. 82M. Get to know more about Dubai property price movements and forecast future trends using indexes that will give us the inside scoop on Dubai real estates overall market health. This momentum is set against a backdrop of the UAE’s projected economic growth of 3. As we move into 2025, the focus will remain on delivering value-driven projects that reflect Dubai’s unique ability to combine inclusivity with exclusivity, setting the standard for urban living in the Now track daily sales transactions happening in Dubai’s real estate market. 8% rise year-on-year. We specialize in buying, selling, and renting luxurious apartments, villas, and commercial spaces in Dubai. Get the complete details about Dubai real estate market, no. 3 % YoY growth. We are on track to successfully realize this vision to double the real estate sector’s contribution to GDP, particularly through enhanced knowledge-sharing for greater transparency. 2bn) in H2 2024, according to a report published by Espace Real Estate. Developers that want to understand market dynamics, competitor position and manage future projects in line with market demand. Jan 3, 2023 · Residential real estate sales value forecast in leading countries worldwide 2018-2029 Countries with the highest inflation-adjusted house price growth worldwide 2024 Luxury real estate price . Backed by strong economic policies, investor-friendly regulations and a vision for growth, I believe the country is well Dubai real estate market outperforms global cities in Q4 2022. The demand for real estate in Dubai remains robust, driven by several key factors: His investor trips, tailored specifically for German-speaking clients, offer an exceptional opportunity to experience Dubai's real estate market up close and equip you with the insights needed to make informed investment decisions. According to official data, it is expected that in 2024, the common volume of Dubai real estate investment will exceed $100 billion. 8 billion in 2022 and it is poised for stronger growth. In detail, sales of off-plan properties rose by +29% , while those on the secondary market (ready or old) increased by +40. Jan 18, 2024 · The real estate and construction sectors in Dubai witnessed a growth of 3. We’ve grown organically by demonstrating a clear understanding of the complexities of buying real estate in Dubai. 1 billion. The head office of the company is 13th floor, Blue Bay Tower, Business Bay, Dubai, United Arab Emirates Nov 6, 2024 · Despite a slight 6% dip in transactions over AED 10 million compared to Q3 2023, Dubai's luxury real estate market is on track for a record-breaking year. EMAAR was one of the two non-Chinese companies among the 10 most valuable real A real estate market analysis in Dubai shows that the city continues to strengthen its position as a global hub for real estate investment. As the industry looks ahead to 2024, the air is thick with news and speculation about the trajectory of Dubai’s real estate market. 1 billion Feb 8, 2024 · The Dubai real estate market had a remarkable fourth quarter (Q4) of 2023, with the city’s residential capital gains hitting a new high in a decade. Oct 22, 2024 · UAE Real Estate Market Review Q3 2024 The UAE continues to benefit from solid underlying macro fundamentals, specifically from the non-oil sectors, supporting continued growth across the country's buoyant real estate market. Feb 13, 2024 · Activity levels in Dubai’s occupier market remained resolute throughout the last quarter of 2023, where, based on data from the Dubai Land Department, the total number of rental contracts registered reached 47,234, up by 34. Number of transactions increased by 65%, their value increased by 71% compared to 2020. of delivered projects, offplan projects, prices, construction updates, transaction count and more Dubai real estate areas performance. Jan 3, 2025 · With new records being set throughout 2024, Dubai’s real estate market had a record-breaking year that ended with an all-time high of 180,900 transactions valued at Dh522. When it comes to the price for buying apartments in Dubai Marina, the data is consistent with the prevailing market conditions with the overall average price per square foot declining by 11. valued since january 2012. com (excluding room share), and is not representative of actual real estate transactions conducted in Dubai, unless specified as based on DLD data. 2022 saw a resurgence across all three sectors – residential, office and retail, for the first time in a Sep 25, 2024 · The Dubai Land Department is responsible for overseeing real estate activities in Dubai. Dubai’s GDP expanded in 2022 as a result of initiatives and programmes to stimulate the economy. In 2022–2024, Dubai became Dec 23, 2024 · The city’s real estate market has demonstrated extraordinary resilience in 2024, with property prices surging by 41 per cent in the first half of the year and over 43,000 transactions completed Dubai’s real estate sector will move beyond record-setting transactions and luxury developments in Dec 7, 2023 · Volume of sales transactions in the real estate market in Dubai in the United Arab Emirates from 2013 to 2022 (in 1,000s) [Graph], Emaar Properties, March 27, 2023. Dec 27, 2024 · According to Engel & Völkers Market Report, the Dubai Real Estate Market kept growing in 2024, with a shrapnel in residential sales volumes and values. In its latest market update, fäm Properties reveals that Dubai recorded 16,159 real estate transactions last month, a 36. Oct 7, 2024 · Q3 2024 was a record-breaking quarter for the Dubai real estate market, solidifying investor trust and setting new benchmarks in terms of both volume and value. A market report issued by fäm Properties underlines how 2024 became an historic year, with big leaps of 36 per cent and 27 per cent respectively on the previous high of Jun 12, 2024 · DOHA: Dubai’s real estate market has enjoyed another busy month, recording a total of 13,502 property sales with an overall value of AED40bn in November. Let’s compare the key statistics and trends from Q1 and Q2 2024 to provide a clearer picture of the market's trajectory. Valuers that want the most up-to-date comparable market evidence to use in valuation reports. Q1 2024: 36,506 transactions (17. The latest increase leaves values 30% higher than Q1 2020 however, average prices remain 7% below the 2014 peak. With total sales of AED 141. 5%. Engel & Völkers is proud to present an in-depth report detailing the market's outstanding performance, key trends, and future outlook. We also facilitate many off-market distress sales at a below-market rate. Both sectors account for almost 14. 1 billion (8,600 transactions) in Q3 2020 to its current peak Sep 4, 2024 · Dubai’s real estate market saw another remarkable month in August with property sales rising 40. Oct 4, 2024 · Posted in Real Estate, Latest News, UAE Dubai real estate hits record $38. A market report issued on Thursday by fäm Properties underlines how 2024 became an historic year, with big Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of October 2020 and more. According to a market analysis released today by fäm Properties, 2024 became a historic year due to significant increases of 36% and 27%, respectively, over the Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of 4th Quarter 2023 and more. Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. 2 per cent in value compared to the previous market Dec 12, 2023 · In November 2023, the total number of residential transactions in Dubai stood at 9,034, down 13. 6% and 1. 5% increase from the previous quarter. advisory Mar 17, 2022 · 2021 showed us that the Dubai government’s anti-Covid-19 policies and incentives to support the economy and real estate sector worked well. 7% increase compared to 2022. 47bn in Q2 this year and represented a 30. Its number reached 37,154 transactions compared to 31,027 in Q1 2023. Get first-hand information from fam Properties. 2% and reach Nov 10, 2023 · Posted in Real Estate, Latest News, UAE Dubai real estate market remains robust with 46 percent surge in transactions, 37 percent increase in value, new study . 5% increase from Q4 2022. In the first quarter of 2024, several areas in Dubai have emerged as top performers in terms of both volume and value of real estate transactions. Click on your favorite Dubai areas for in-depth analysis. This eclipsed the previous quarterly sales record of AED 124. In October 2024, the existing market recorded the Jul 18, 2024 · “The continued growth into Q2 2024, with a transaction value of AED 123 billion and 48,220 transactions, highlights the robust health of Dubai’s real estate market,” it said. 6bn in Q3 2024 sales . Nov 25, 2024 · In 2023, the brand value of EMAAR, a real estate development company based in Dubai increased by nearly 30 percent. Now we’re into 2024, it’s evident that Dubai’s post-pandemic market resurgence remains rooted in solid economic foundations, moving beyond the Real estate brokers that want to stay up-to-date on market trends and stay ahead of competition. The Dubai Land Department ensures that property valuations must occur in accordance with the defined standards. In Q2 2024, the Dubai real estate market experienced significant growth in both sales volume and value. The Dubai real estate market has maintained an upward trajectory in capital value growth. 9%, respectively, during the 1st half of 2023, according to Dubai Statistics Center data. According to the quarterly Property Finder report, Dubai's residential and commercial real estate market in Q1 2024 saw continued growth. The value of the sales transactions showed a notable increase, reaching almost AED 109. Dubai Property Market 2023. 9 billion and 50,423 completed transactions, the market saw a significant 16. 5% increase in value to AED528 billion. Offplan - Nov 12, 2024 · October 2024 Dubai’s real estate market maintained its remarkable growth, showing Dubai’s continuous success as a global investment hub. 6% growth quarter-on-quarter (QoQ) and a 37. Transaction volumes and values are poised to rise further with the imminent handover of key projects, especially in high-demand areas. Dubai Real Estate | Buy, Sell, Rent Properties - REAP Brokers Looking for Dubai real estate experts? REAP Brokers Jul 19, 2024 · In April, the Dubai real estate market was contributing to the total market value of around 2. 2% for 2025, the stage is set for an era of economic The reputation of DAMAC Properties and the perceived value of luxury properties in DAMAC Hills attract investors looking for upscale real estate opportunities in Dubai’s competitive market. 5bn ($142. 6% . Property price appreciation continues in October, up 1. 85 billion , reflecting a 23. Dec 30, 2024 · In 2021, Dubai’s real estate market recorded over 84,196 transactions, with a total value of nearly AED 300 billion. Jul 23, 2024 · Market Overview. 72 TOTAL 16,415 59. 7% compared to the year prior. Their extensive network and mastery of the Dubai real estate market helped me land a sweet Jul 5, 2023 · Dubai real estate buying trends. According to Bayut’s Dubai real estate sales market report for Q3 2023, Dubai Marina continued to be the premier choice for luxury apartment sales: Apartments for sale in Dubai Marina witnessed an uptick of 4. Forecasts indicate that Dubai’s real estate market will see a large supply increase, with approximately 41,000 new units expected in 2025 and 42,000 in 2026—an 80% rise from the projected 27,000 units in 2024. q3-2021 real estate market overview dubai. 1 day ago · Dubai, UAE – Dubai’s real estate market closed 2024 with exceptional results, further establishing the city as a beacon of innovation, luxury, and strategic investment in the global property sector. Nov 4, 2024 · This unprecedented demand reflects the emirate’s appeal as a global real estate hub, driven by a steady influx of new residents, attractive financing options, and extensive new project launches. Nov 25, 2024 · The total number of real estate transactions in Dubai reached 188,000 as of November 2024, with a combined value of AED625 billion ($170. 06 Nov, 2022 . For the luxurious segment, properties worth over AED 10 million registered a 25% increase in sales; this is indicative of Oct 31, 2024 · Dubai has one of the fastest-growing economies in the world heading into 2025. 95B, representing a 30% YoY growth. Concentrating solely on the residential sector, the report tracks 31 communities in Dubai and shows the off-plan market to significantly outpace the secondary market in both value Sep 2, 2024 · Dubai Real Estate Market Report: August 2024 The Dubai real estate market report for August 2024 highlights a significant surge in transactions and property values. Nov 6, 2024 · Dubai Hills Estate, Al Furjan, Palm Jumeirah, Dubai Land and Mohammed Bin Rashid City were the most desired areas to own villas/townhouses. 2% compared to the previous year. Dubai real estate market – main results 2021 According to the Dubai Land Department, 84,772 transactions worth $81. Oct 29, 2024 · Dubai's real estate market has achieved what many thought impossible: quadrupling its pre-COVID transaction levels. 88 billion). Total Property Sale Transactions. This indicates a healthy level of activity in the real estate sector, showcasing investor confidence and market stability. September 2024 marked the highest transaction volume ever recorded, with 18,038 properties changing hands – a testament to Dubai's magnetic pull for global investors. 1 day ago · In December 2024, Dubai’s real estate market is strong and boosting, facilitated by high demand for various property types, and substantial investments in luxury and off-plan projects. 8% in 2021. 9% increase compared to August 2023. According to Springfield Properties’ Q4 2024 Dubai Real Estate Market Report, total sales Dec 20, 2024 · These include doubling the real estate sector’s contribution to Dubai’s GDP to approximately AED73 billion, increasing homeownership rates to 33 percent, boosting real estate transactions by 70 percent, elevating the market value to AED1 trillion, and expanding the value of Dubai’s real estate portfolios twentyfold to AED20 billion. com’s exclusive home value indices. There are many exceptionally diverse ranges of international ultra-high-net-worth individuals in search of luxury second homes, combined of course with the government’s world-leading response to the pandemic, which has propelled business confidence. Jan 1, 2025 · Dubai real estate forecast “As we move into 2025, we forecast residential prices to rise between five and 10 per cent, driven by robust demand for off-plan properties,” Farooq Syed, CEO of Springfield Properties, a leading Dubai-based real estate provider, told Arabian Business. Both transaction volume and value have reached new highs, surpassing previous records. 5 per cent in volume and 27. As sales grow, so do price Nov 11, 2024 · The commercial property market in Dubai continued to display robust activity in November 2024, reflecting strong investor confidence and sustained demand across key sectors. Following the outbreak, Dubai implemented significant economic changes. 3 billion, a substantial 40. The market saw notable increases in both transaction volume and sales value compared to the previous year, reflecting its strong appeal to investors and homebuyers. The UAE economy is forecast to grow by 5. In Dubai, off-plan and secondary property sales had a sharp increase, pushing the market’s volume and value of transactions to all-time highs. 1% year-on-year rise in value. Nov 12, 2024 · Ismail Al Hammadi, founder and CEO of Biznet Consulting, which specializes in real estate project management and development in Dubai, said that real estate sales in Dubai over the first 10 months of the current year have risen by approximately 8,4 percent compared to the total sales value of AED401 billion in 2023. The residential real estate market came to a halt as a result of the COVID-19 pandemic, as the government implemented lockdowns and citizens were forced to stay at home. Unit Sold. Our platform offers comprehensive data on property trends, transaction volumes, and market worth by area. Oct 17, 2024 · “This trend underscores Dubai’s growing appeal as a leading real estate market, offering long-term value for international investors,” he said. 6bn) in Q3 2024, setting an all-time high for a single quarter, the neighbourhoods selling the most properties have been revealed. With dynamic trends across locations and property kinds, stakeholders are encouraged to use interactive reporting tools to gain thorough, useful insight. 3 billion AED. This growth was driven by factors such as increasing foreign investment, infrastructure developments, and a surge in demand for luxury properties. Jan 3, 2025 · Impact of the Upcoming Supply Surge. 6 billion, followed by Dubai Marina with 838 transactions valued at AED3. This brought the total housing stock in Dubai to 719,000 units by end-2023. The Dubai real estate market demonstrates a high demand for both residential and commercial property. Jan 2, 2025 · The emirate witnessed a 36 per cent increase in sales volumes in 2024 and a 27 per cent rise in value when compared to 2023. Both cities have experienced remarkable momentum Jan 3, 2025 · One of the key milestones for the Dubai real estate market is the Dubai 2033 initiative, which targets achieving AED 1 trillion in real estate sales by 2033. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas and more. 91% , the price of villas for sale in the area has averaged AED 7. This eclipsed the previous quarterly sales record of US $33. The property market in Dubai has witnessed tremendous growth, with numerous factors driving this boom. The value of Dubai's real estate market is fueled by its safe-haven status. Demand for both purchases and rentals of residential and commercial real estate is on the rise. With an impressive 36% increase in transaction volume and a 27% rise in total market value compared to 2023, Dubai’s property sector is attracting attention globally. 4 days ago · Daily Property Market Sales Overview in Dubai Total Sales Value and Volume. 3 billion ($12. The value of property has declined since 2014, including a 10% decrease in apartment values and a 9% reduction in villa prices in 2018. Aug 24, 2024 · The Dubai real estate market in Q2 2024 has reached unprecedented levels, setting new records in both transaction volume and value. Total Transaction Value: Residential transactions totaled AED 130. With the prime location that Palm Jumeirah comes in, most properties were signed and sold within this property trademark only. D&B Properties is a fully integrated real estate brokerage firm registered in Dubai, United Arab Emirates. But, more than that, new real estate transaction records were set. 9 percent, hitting an impressive 103. Real estate sales increased by 15% quarterly and 65% annually. 7% resulting in 90 deals in this bid. Meanwhile, the average price Jul 31, 2024 · Read CBRE’s UAE real estate market review for Q2 2024, which provides our latest macroeconomic and real estate market overview and outlook, covering the UAE’s office, hospitality, retail, industrial and residential sectors. 1bn. KASCO Developments chairman Al Kaissi said the re-entry of Russian investors to the Dubai market is of no surprise, as the discontinuation of the preferential mortgage rate in Russia has Jan 2, 2025 · Dubai’s real estate market has had a record-breaking year, with new milestones being set throughout 2024, culminated in an all-time peak of 180,900 transactions worth Dhs 522. [Online]. Explore, find and gauge the market health using the latest home price trends and indices for sale and rental properties in UAE using Bayut. Dec 13, 2024 · Dubai’s real estate market in 2025 presents exciting opportunities. 0% on the back of continued non-oil strength and population growth, sustaining growth in real estate markets. 99 billion) value of total Jan 2, 2025 · The Dubai real estate market set new records in 2024 with an all-time peak of 180,900 transactions worth AED522. Jan 3, 2025 · DOHA: A record-breaking year for Dubai’s real estate market, with new milestones being set throughout 2024, culminated in an all-time peak of 180,900 transactions worth AED 522. Oct 4, 2024 · Dubai’s real estate market recorded total sales of US $38bn in Q3 2024, which is said to be an all-time high for a single quarter. Now track current and past real estate performance in Dubai’s real estate market. 2bn). On an annualised basis, prices are up by 19%. As one of the world’s leading business and tourism hubs, the city continues to attract investors from around the globe, thanks to its robust […] 1 day ago · Dubai’s real estate market closed 2024 with exceptional results, further establishing the city as a beacon of innovation, luxury, and strategic investment in the global property sector. Oct 29, 2024 · Dubai’s real estate market recorded over 163,000 transactions, amounting to more than Dh544 billion in the first nine months of 2024. 59. The quarter saw an impressive surge in transactions, project registrations, and completed units, making it the most active quarter in Dubai’s history. 9% increase year-on-year (YoY). 19 hours ago · Syed said: “Dubai has positioned itself as a global real estate leader by continuously adapting to market dynamics and driving innovation. Nov 12, 2024 · October 2024 Dubai’s real estate market maintained its remarkable growth, showing Dubai’s continuous success as a global investment hub. The effects of the coronavirus crisis were successfully overcome. 3% increase in transaction volume and a 72% increase in value compared to 2020. Dubai property sales value 4 days ago · Dubai’s Residential Market Performance Dubai’s residential real estate market continued to see a remarkable surge in activity throughout the first nine months of 2024. With 16,159 sales, the market saw a 36. Q2-2021 REAL ESTATE MARKET OVERVIEW DUBAI REAL ESTATE TRENDS DUBAI LAND TRANSACTION TOP RESIDENTIAL INVESTMENT LOCATIONS - Q2 2021 AED. Our platform connects buyers and sellers directly, enabling them to access off-market properties that are not available through traditional channels. Oct 7, 2024 · Q3 2024 smashed all previous records with an astounding 50,425 transactions, marking a 38% year-over-year (YoY) increase. With record-breaking transaction volumes and values, the market demonstrated exceptional momentum throughout 2024, bolstered by Dubai’s thriving off-plan sector and Abu Dhabi’s steady growth in residential property transactions. ShareDubai Real Estate Market Forecast 2025: A Bright Horizon for Investors Dubai’s real estate market has long been a hotspot for global investors, and the outlook for 2025 is exceptionally promising. 8% q/q and 23% y/y to 31,399 transactions. 9 per cent for 2024, accelerating to 6. 9 billion in Q3 2024, setting an all-time high for a single quarter. With construction on the rise and more property coming into the market, it is expected that the Dubai real estate market will remain affordable for years to come. 69 MORTGAGE 6,811 31. In short, we know how the market ticks and keep things simple, to secure the best sale Jun 27, 2024 · Assumed Current Value (2024): AED 1,200,000; Annual and Monthly Costs: helping potential clients understand the benefits and returns of investing in Dubai’s real estate market. 2 per cent in 2025, driven by key sectors such as tourism, real estate, and international trade. Property prices in Dubai’s most popular areas have continued to surge, with strong sales figures, robust demand and availability of new inventory continuing to fuel growth well into the next year. 76tn in 2029. 0 is set to generate the highest value in the Mar 8, 2024 · Dubai’s real estate market is experiencing a major housing boom, with tens of thousands of new villas, townhouses, and apartments set to be completed and (AED 48. The off-plan/primary introduced new high-profile launches to the market in Q1 2023, like: Lanai Islands in Tilal Al Ghaf; The Residence at Burj Khalifa; Jouri Hills in Jumeirah Golf Estates; Bluewaters Bay on Bluewaters Island UAE Residential Real Estate Market Analysis. 2 billion), representing a 38 percent increase in transaction volume Dec 19, 2023 · Additionally, the real estate value transacted in Dubai increased by almost 57% year-on-year over the first 10 months of 2023, indicating strong market activity and investor confidence in 2024. Jul 27, 2024 · Dubai’s real estate market witnessed a YoY surge of 20% in the number of sales transactions during Q1 2024. Mar 1, 2024 · Dubai's real estate market recorded no fewer than 12,025 transactions in February 2024. 45% (2025-2029) resulting in a market volume of US$0. The Dubai real estate market saw a 17% year-on-year increase in the number of sales transactions in Q1 2024. Al Zarooni is confident that Dubai is well on its way to achieving this ambitious target. 1% of Dubai’s GDP in 2022, up from 7. May 2, 2024 · Dubai’s real estate market continues to outperform global hotspots like New York, London and Hong Kong, with no signs of a slowdown in sight, with experts saying property prices – and rents Recent initiatives by the nation’s leadership including the Dubai Real Estate Sector Strategy 2033 are a testament to this progress. Dubai’s real estate market soared to an all-time high in 2024 2 days ago · The UAE’s real estate market continues to soar as property portal Property Finder reported impressive growth across Dubai and Abu Dhabi in 2024. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. 4% of Dubai’s total GDP in 2023. 1 points. Investor confidence remains robust with a total of 97,252 transactions and a total value of AED 265 billion. • The outlook for rated Dubai -based real estate companies is with a 76. Mortgage activity increased by 2% despite rising interest rates Nov 3, 2023 · The Dubai real estate market registered a new record in the number of transactions and the total value of transactions in Q3 2023, according to the latest figures from Dubai Land Department. 9 percent annual increase. landlord clients. 2 days ago · The UAE’s real estate market is on an unprecedented growth trajectory, according to insights from Property Finder. 1bn ($142. Lag period in purchase and registrations, fall in new launches in summer period led to the perceived stark fall in off-plan registrations in recent months تسعى دائرة الأراضي والأملاك بدبي إلى تحقيق أهداف استراتيجية حكومة دبي في القطاع العقاري The Real Estate market in the United Arab Emirates is projected to grow by 2. Jan 1, 2025 · The Dubai real estate market 2024 is entering an exciting phase, reflecting remarkable growth in transaction volumes and total market value. There is a boom in the luxury property segment. Oct 7, 2024 · As Dubai’s real estate market recorded total sales worth AED141. This marked the highest annual value in the history of Dubai’s real estate sector, reflecting a 66. 07 billion in Q2 this year, and represented a 30. Mar 21, 2024 · Disclaimer: The above Dubai sales real estate market report (MKTRPTYE2023) is based on prices for ready properties advertised by real estate agencies on behalf of their clients on Bayut. This represents an increase of +34% on February 2023, which was already a record month. In terms of market dynamics, the off-plan market showed strong performance , peaking at 10,836 units transacted in May 2024. For early access, Oct 4, 2024 · According to fäm Properties, the total sales value of the real estate market in Dubai reached Dh141. Oct 3, 2024 · Dubai, UAE: Dubai's real estate market recorded total sales worth AED 141. For more information, visit DXB Interact. 3bn), according to Property Finder data. This page will be public in few days. 736292) under the Dubai Land Department. October recorded a high from the previous year’s growth in sales volume, price per square feet, and overall transaction value, following high demand in the residential and commercial markets. Oct 15, 2024 · According to the Dubai Land Department (DLD), the real estate market saw a record-breaking 2023 with over AED 528 billion in real estate transactions, a 44. In Dubai, there were about 39,000 new residential completions in 2023, following the completion of 41,000 units in 2022, 44,000 units in 2021 and 40,000 units in 2020, according to figures released by JLL MENA in its 2023 UAE Real Estate Market Report. It is licensed by the Real Estate Regulatory Agency (License No. Apr 19, 2024 · Staying in line with the trend seen throughout 2019, Dubai Marina has been one of the most searched for areas to buy apartments in Dubai. REAP Real Estate Brokers, your trusted partner in Dubai's thriving property market. 7 billion were completed in 2021. table of content. The iconic Palm Jumeirah recorded 110 transactions exceeding AED 10 million, including three surpassing AED 200 million. 41 bn TOTAL TRANSACTIONS 16,415 TYPE VOLUME VALUE (‘billion AED) SALES 9,604 27. Dubai Land Department has established a set of standards and criteria that property valuers must adhere to. Discover the sales volume, value, and property supply, broken down by the different areas in Dubai. News & Articles. combined market value of properties . 1% year over […] As of the first quarter of 2021, the total value of real estate transactions in the emirate of Dubai was around 24. Ten areas contributed to almost 68 per cent of the total sales value and 54 per cent of the total number of transactions in the off-plan market. Nov 1, 2022 · UBS's latest Global Real Estate Bubble Index released in 2022 reveals that despite a buoyant year, Dubai's real estate prices remain fair valued, making it an opportune time to continue purchasing real estate in the city. This growth is a testament to the robust demand and investor confidence in Dubai’s property sector, driven by various factors including economic stability, government initiatives, and the continuous appeal of Dubai as a global hub for business and luxury living. Jan 13, 2024 · By the end of 2023The real estate market in Dubai is expected to reach a value of 39 billion, with additional gains expected in the future years, thanks to a compound annual growth rate of 8. 41 Emirates Living Jumeirah Village Circle 2,942 mln 1,578 units 998 mln 385 units 3 days ago · Why the Dubai Real Estate Market 2025 Is Poised for Growth. In the first half of 2024, Dubai's real estate market continued its remarkable growth trajectory, breaking countless records. The off-plan properties remained intact as the main driver for sales. HMH properties team has the necessary experience, imagination and ability to join the dots and connect the right buyers with the right property. The Dubai real estate market 2025 is underpinned by robust fundamentals, including government-led initiatives, technological advancements, and an influx of global investors. Dubai’s real estate sector displayed remarkable resilience in 2023, so much so that property prices are now expected to rise exponentially amid higher demands from local and international buyers alike. Here are some of the latest insights, based on data from Dubai Land Department (DLD) and internal data at CRC, highlighting the trends shaping the commercial real estate landscape. The total sales value reached AED 141. 9 billion U. Aug 26, 2024 · International buyers — including ultra-high networth individuals — are recognizing the value proposition offered by Dubai's real estate, Binghatti Holding Chairman Muhammad BinGhatti tells Nov 18, 2024 · This reflects the great support of the off-plans market to Dubai’s real estate market. The Dubai property market saw a total of 377 transactions on Wednesday, 8 January 2025, with a combined worth of 1. The total number of property transactions reached 43,261, representing an 18. Dubai real estate market reaches new heights: Record-breaking growth and cautious optimism as 2025 nears. This data is updated in real-time and provided directly by the Dubai Land Department. Dubai property price change (per sqft) Oct 23, 2024 · Dubai real estate sales in Q3. The ValuStrat Price Index (VPI) had a year-on-year (YoY) increase of 19. 69 billion. Leading the list is Jumeirah Village Circle, followed closely by Business Bay, which has seen significant activity and investment. 5% increase YoY) 4 days ago · Dubai residential real estate sales climbed 31 per cent year-over-year (YOY) to AED232bn ($63. Key Drivers Behind the Dubai Property Sales Boom. Contact us for free consultation Nov 7, 2024 · Dubai’s real estate market has sustained solid momentum in October, led by strong off-plan sales. [1] Dubai's real estate market has experienced growth and transformation, driven by the city's rapid Oct 19, 2021 · Currently, Dubai is a buyer’s market. The United Arab Emirates Residential Real Estate Market is expected to register a CAGR of greater than 8% during the forecast period. 8% from AED 1,502 in 2018 to AED 1,326 in 2019. After a slight decline in Q2 2023, the number of transactions rose 3. 73% month-on-month Record-breaking month for sales transactions, with the market on track for 30% growth by year’s end Off-plan project launches surpass 100,000 new residential units YTD Mortgage transactions increase 3. With its commitment to sustainability and innovation, Dubai will remain an attractive destination for investors and residents alike until 2050 and beyond. 3 days ago · The Dubai real estate sector achieved record-breaking transaction volumes and values, totalling 180,987 transactions worth AED522. 6%, with a monthly growth of 6. Jumeirah Village Circle emerged as the top-performing area with 1,528 transactions worth AED1. Oct 29, 2024 · The Dubai Real Estate Sector Strategy 2033 aims to fulfil its ambitious objectives through a set of key performance indicators, which include doubling the real estate sector’s contribution to Dubai’s GDP to approximately AED73 billion, increasing home ownership rates to 33%, growing real estate transactions by 70%, raising the market value Oct 8, 2024 · Bayut, the UAE’s leading property portal, has unveiled data on the most-searched areas in Dubai’s real estate market for the third quarter of 2024. Find properties for sale and rent in Dubai with LYM Real Estate, your trusted real estate brokerage. This unprecedented growth can be attributed to several factors, including increased investor confidence, economic stability, and a Oct 14, 2024 · Dubai’s real estate market in Q3 2024 has shattered records and reaffirmed the city’s status as a global investment hub. and expanding the value of Dubai’s real estate Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of August 2020 and more. This isn't merely a recovery; it's a renaissance. 9 billion in Q3 2024, which was a record high for a single quarter. 07 billion set in Q2 of this year and signified a value increase of 30. 9bn ($38. Another key market, the Indian real estate market, reached $ 256. With the UAE Central Bank projecting a GDP growth of 6. Jul 15, 2024 · Our Dubai real estate sales market report for Q1 2023 reveals that Dubai Marina continued to reign the market for luxury apartments sales: In Q1 2023, apartments for sale in Dubai Marina reported an average price-per-square-foot of AED 1,529, which represented a 12. I agree to receive your newsletters and information about Dubai Real Estate Market. This surpassed the previous quarterly sales record of Dh124. S. Projects Value (AED) 200. Commercial Sales: A Thriving Apr 29, 2024 · Q3 2023 was no exception in the off-plan market support for the real estate market in Abu Dhabi. With a decent ROI of 5. There has been record real estate deals across Dubai where super high net worth individuals have splurged millions. Nov 18, 2024 · Real estate activities contributed 9. This marks a significant leap of 36. 8 percent year-on-year in value to AED47. 24% in the price-per-square-foot, averaging at AED 1,769. Welcome to Off-Market Listing Dubai, your go-to source for exclusive real estate opportunities in Dubai. This growth reflects a […] In July 2024, Dubai’s real estate sector demonstrated impressive growth and resilience. With our expert team, we ensure a seamless real estate journey tailored to your needs. Dec 4, 2024 · Posted in Real Estate, Latest News, UAE Dubai real estate: Property market maintains Momentum with 13,502 sales in November . The total sales value reached AED 47. Jul 2, 2024 · As we delve into the first and second quarters of 2024, the Dubai real estate market has demonstrated significant growth and dynamic shifts. com Aug 20, 2024 · Property Market Trends in Dubai. Dubai’s property market has grown significantly over the past five years, rising from AED 18. Residential values across Dubai rose by 5% during Q3 2023, marking the 11th consecutive quarter of price rises. Explore off-plan, residential, and commercial properties today! +9714-457-9418 info@lymdubai. 4% growth in capital values. By utilizing advanced analytics, we help users understand the nuances of the real estate market in Dubai, enabling them to make informed decisions. 1,400. Jun 28, 2024 · Based on our Dubai H1 sales property market report 2022, there has also been considerable buyer interest for properties in Business Bay, Downtown Dubai, Dubai Hills Estate, Dubai Marina, Dubai Silicon Oasis, Palm Jumeirah and Jumeirah Lake Towers. nkgs kxm wlay yaget hyxo udbqa nwljivw xdvzlo gfue diidan