Scorching Summer, Scorching Sales: Dubai real estate market hits record highs in July for both sales and mortgage loan volumes. Off-plan continues to dominate with no signs of cooling down on the horizon. Property price appreciation continues at moderate pace, up 1.22% month-on-month Sales transaction volumes up 12.8% MoM and 43.5% YoY with residential properties […]
June Gloom? Not Quite! Dubai property prices up 7.5% mid-year despite a 19.3% dip in sales transactions. High-end AED 5-10m price point reaches new record high. Price appreciation reaches 7.5% YTD as June records monthly growth just shy of 1.5% Sales transaction volumes fall 19.3% in June, yet still register as the second highest level […]
My oh ‘May’! Monthly sales transaction volumes in May soar past 17k and obliterate the previous record set in April 2009 by more than 20%. Price appreciation returns to moderate pace with sub-1% growth. Pace of price appreciation moderates after recent spike; average prices up 0.69% in May Highest ever sales transaction volumes recorded, up […]
Neither rain nor shine, sleet, heat, nor hail (or even a weeklong public holiday) shall stop the Dubai real estate market from delivering. Price appreciation continues and April sales volumes rise just shy of 45% year-on-year. Average property prices rise at higher-than-average pace, up 1.95% in April Second highest ever sales transaction volumes for April, […]
Price growth spikes to highest rate since May 2023 as bright, shiny, and new off-plan projects begin to reshape the landscape of several communities across Dubai. Average property prices rose a staggering 2.37% in March Highest ever sales transaction volumes for March, up 11% year-on-year Mortgage activity declines marginally, yet loans for new purchases continue […]
As off-plan sales continue to dominate the market, Dubai is set to see three new master communities emerge in 2024—no better time than now. Prices rose by 0.83% in February, and moderate price appreciation is expected to continue Highest ever sales transaction volumes for February, up 30.4% year-on-year Mid-tier price points see market share growth […]
2024 opens in style with record volume of sales and new project launches, yet price appreciation slows to lowest level in 18-months. Lowest month-on-month price growth since July 2022, with the annual forecast for 2024 considerably more muted than last year Highest ever sales transaction volumes for January, up 16.8% year-on-year USD 10m price tier […]
