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 […]
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 […]
