September 4, 2024

Dubai real estate sales hit $12.9bn in August

Dubai’s real estate market saw property sales in August reach AED47.3bn ($12.9bn), marking a 40.8% year-on-year increase. A report from fäm Properties highlighted that August recorded 16,159 transactions, a 36.9% rise in volume compared to August 2023, with the average price per square foot increasing by 6.1% to AED1,493 ($407). The most expensive sale in August was a luxury apartment at the...

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