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Monthly Market Report

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 […]

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 […]