October 30, 2024

There are signs of maturity in Dubai’s real estate market

With more data emerging, Dubai’s real estate market maturity is becoming clearer. Recent findings show that in Q3, 40% of ready-to-move-in homes sold below Dh1 million. The ValuStrat Price Index (VPI) for residential capital values rose to 190.1 points, reflecting a quarterly increase of 6.7% and an annual rise of 28.9%, with the Q1 2021 benchmark set at 100 points. In Dubai’s freehold villa...

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