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 […]
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 […]
