October 21, 2024

Dubai real estate sector logs record 18,038 transactions in September with 73% for off-plan properties; sales range from $34,000 to $75m

Dubai real estate sector hits record high with transactions ranging from $34,000 to $75m. The Dubai property market saw 18,038 transactions in September, with 73% of them being off-plan sales, according to Property Monitor data. Property Monitor’s analysis reveals that September surpassed the previous record of 17,139 transactions set in May, underscoring sustained growth and confidence in the...

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What counts as ‘affordable’ today in Dubai’s runaway property market?

There is increasing demand for affordable homes in Dubai as more residents choose to settle long-term and purchase homes amidst rising rents. Several projects are underway in areas such as Arjan, Dubailand, Al Furjan, Majan, Dubai Sports City, Dubai Production City, Dubai Silicon Oasis, Damac Hills, Damac Hills 2, and Jumeirah Village Triangle. Developers like Damac Properties, Samana Developers,...

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