It's no longer just about the substantial price gap between off-plan and ready properties. The collapse of Lehman Brothers wasn’t the direct cause of the 2008 financial crisis. Numerous academic studies have explored decisions made in an interconnected economy and concluded that, despite Lehman's heavy reliance on leverage, the core issue was that investors were unaware of the obscure risks they...
The Dubai real estate market set a new benchmark in Q3 2024, achieving a record AED 141.9 billion ($38.6 billion) in total sales, marking the highest figure ever recorded for a single quarter. This quarterly performance surpassed the previous record of AED 124.07 billion ($33.8 billion) in Q2, reflecting a 30.1% increase in value compared to the same period last year. A report by fäm Properties...
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...
Primary sales by developers significantly surpassed re-sales in the secondary market. Dubai’s real estate market achieved total sales of $38 billion in Q3 2024, setting a new record for the highest sales value ever recorded in a single quarter. This surpassed the previous record of $33.47 billion set in Q2 2024, representing a 30.1% increase compared to the same period last year. In a market report...
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