Records are made to be broken – the unstoppable Dubai real estate market continued to do so as it closed out 2023 A moderate 0.8% monthly uptick in property price appreciation sees year-end growth reach decade high of 16.4% Highest ever sales transaction volumes for December push all time annual record even higher Penthouse sells […]
No stopping the strength of the Dubai real estate market in 2023. Record highs for average prices, sales volumes, mortgage volumes, and new project launches. Property price appreciation continues at moderate pace, up 1.17% month-on-month Highest ever sales transaction volumes for November push all-time annual record even higher Off-plan resales continue to increase however developer […]
NOTE: The October Report PDF has a Special Addendum which explains the incomplete data available at the time of initial publication. Video interview also available to bottom of this page. Reaching for new heights: Dubai property transactions set a new annual record; prices reach parity with previous market peak; yet a surprising decline in off-plan […]
The Property Monitor Dynamic Price Index (DPI) tracks trends of residential property prices throughout 42 key communities in Dubai and is indexed to a base period of January 2008. At an emirate-wide level, the index value for September 2023 increased by 2.28 index points to 172.04 from 169.76 in August 2023, representing a month-on-month increase […]
Summer slowdown? Not for the Dubai real estate market. Off-plan sales cement market dominance; property prices soon surpass previous market peak; and more new records soon to be set. Rate of property price appreciation continues up just shy of 2% MoM: now a mere 1.4% below the previous market peak All-time record set for sales […]
Luxury, Luxury, Luxury – Record setting AED 420m apartment sale; all-time high for sales above AED 10m; and monthly price appreciation increases pace again–the Dubai real estate market is on fire Rate of property price appreciation reaches second-highest level in 2 years All-time record set for sales transactions in July with market firmly on pace […]
Summer Slow Down? The pace of price appreciation, volume of sales, volume of mortgages, and gross rental yields all see month-on-month declines, yet Dubai is still on track for a record year.. Rate of property price appreciation halves in June after skyrocketing in May Sales transaction volumes continue their volatile trend, yet remain on track […]
