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 […]
Dubai bucks the world trend as sales boom with a near 2% monthly price rise – and no immediate property price falls in prospect. The new development off-plan market returns to dominance with no supply slowdown in sight. As the USA, China and European markets feel the pain, Dubai powers on with a monthly property […]
Year-to-date sales eclipse 2021 totals as the market powers on and prices surge. New high-end and luxury development launches shift off-plan sales into a high gear, sending rental yields and sales levels racing towards near all-time highs. Monthly property price appreciation jumps to highest level since June last year, increasing 2.06% Transactions in first three […]
Strongest August on record, as new development launches and off-plan sales turbo-charge transaction volumes towards record high. Year-to-date sales just shy of passing 2021 with four months to spare, as prices bounce back.