June 22, 2024

Can ongoing Dubai property price surge beat 2014’s all-time high?

In May 2024, additional deal records are being established with further potential for growth. May 2024's volumes and value were boosted by sustained demand for offplan sales in Dubai. As the city readies to take in more high netwroth residents, there is plenty more of pricing action on the horizon Investor demand for UAE real estate surged dramatically in May, with Dubai property market breaking...

Dubai’s residential market is driven by off-plan sales

According to a recent industry report, demand for off-plan homes in Dubai soared to unprecedented levels in May, with the Emirate witnessing a 41.6% increase month-on-month in new contract registrations, totaling over 10,000 transactions and constituting 69.4% of total residential sales. Dubai experienced a 76.3% year-on-year surge in off-plan registrations for residential properties last month, driven...

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