Déjà vu… It’s “May Mayhem”: Sales transactions surge to nearly 12,000 units, repeating the huge monthly increase witnessed in March. Off-plan sales boom, with new releases sending prices skyrocketing by 2.51%, the highest monthly rise recorded since April 2021. Transaction volumes up nearly 80% Year-on-Year and more than 46% up Month-on-Month Prices surge 2.51% in […]
Dubai property prices increase at fastest rate since October 2022, while sales transaction volume drops sharply by nearly 35% Transaction volumes decrease by more than a third after record month and amidst holiday slowdown Rate of property price appreciation surges to sixth month high, as prices rise 1.45% New project launches surpass 29,000 YTD and […]
March Madness: Over 12,000 sales transactions recorded, off-plan sales continue to dominate, while mortgage volumes hit record high. Record sales numbers in March and 4th highest month ever recorded Transaction volumes up nearly 50% Year-on-Year and more than a third higher Month-on-Month While sales numbers are through the roof, the market stays under control with […]
Off-plan resales continue to grow with activity skewed towards properties closer to handover. Speculative purchasing not yet apparent. Prices rise 0.58% in February with continued moderate price appreciation expected All-time February record for sales transactions, up 43.8% YoY Off-plan resales accounts for 28% of sales, no cause for concern as early-stage flipping not significant Mortgage […]
New project launches continue at record pace with developers releasing over 9,500 units in January and bolstering overall housing stock by 8% over the last 12-months. UAE lenders drop mortgage rates and see a surge in loan activity. Residential property price growth continues, values up 0.6% in January Volume of sales transactions slow, yet set […]
Double digit price growth recorded for 2022, as prices rise again in December and end the year 11% higher. Dubai is the standout global property marketplace, resisting the pressures of rising interest rates and inflation with two straight years of turbo-charged growth as developers re-discover their mojo. Typical end of year slowdown not in sight […]
No pre-Christmas slowdown in sight, as Dubai continues to defy the woes of markets across the globe. All-time record November transactions and prices gain just over 1% as new plan launches surge ahead. Dubai defies the Christmas blues with 1% price rise amidst continuing consumer and investor demand Strongest November sales performance on record with […]
