Strongest ever start to the year with record transactions; Prices break through the AED 1,000/sq ft ceiling for first time in over 3 years
Shortage of stock gives continued boost to the off-plan market. The inventory for completed properties remains under pressure.
Transactions surpass levels last seen in 2014 while new off-plan launches start to boom
Price fall for the first time in the year, despite a record number of transactions.
Prices continue to rise, but the market starts to show signs of levelling off, since bottoming out last November
Price gains continue but pace slows. A promising sign of a lasting recovery, especially with the EXPO effect bringing in new buyers and investors.
Recovery mirrors trends of previous market cycle as prices continue to gain, with further growth likely into 2022
