October 3, 2024

Luxury property sales increase; market listings drop as demand outpaces supply

The third quarter of 2024 saw a decline in the number of luxury property listings in Dubai, as demand continued to exceed supply. In Q3 2024, there were 400 deals recorded in the city’s prime areas, a decrease from 489 in Q3 2023. This trend indicates a drop in the number of homes available for sale throughout the city. Listings in four key luxury areas fell by 52% in Q3 2024 compared to the same...

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