October 7, 2024

Dubai real estate hits record $38.6bn in Q3 2024 sales

Dubai's property market has experienced robust growth over the past five years, rising from AED 18.1 billion (8,600 transactions) in Q3 2020 to its current peak. In the third quarter of 2024, the real estate sector reached record-breaking sales of AED 141.9 billion, surpassing the previous high of AED 124.07 billion recorded in Q2. This indicates a 30.1% year-on-year increase in transaction value, as...

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