October 23, 2024

Average property prices jump 20% in a year as Q3 sales pass $32bn; office, retail and industrial rents in focus

Dubai residential real estate sales prices and volumes rose in 2023, stated CBRE Middle East, which also reviewed office, retail, and industrial property trends. Dubai property prices surged by an average of 20% in Q3 2024, with total residential sales reaching AED120bn ($32.4bn), as per CBRE’s UAE Real Estate Market Review. The residential market in Dubai showed a strong performance in Q3 2024,...

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