October 24, 2024

$37.8bn Q3 spend despite slight dip in sales of properties over $2.7m

Dubai’s real estate market continues to draw global attention, with residential and commercial sales totaling AED138.8bn ($37.8bn) in Q3, as reported by Engel & Völkers Middle East. Residential transactions jumped by 40.8% year-on-year, contributing AED115.6bn ($31.5bn), while commercial sales added AED23.2bn ($6.3bn), a 28% increase in transaction value from the same period in 2023. Dubai’s...

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