Dubai's property market reached an all-time high in October 2024, with nearly 20,460 transactions, marking the first time monthly sales surpassed 20,000. This represents a 13% increase from September, according to Property Monitor's latest data. Preliminary findings from Property Monitor's October report reveal that nearly 73% of transactions involved off-plan or under-construction properties. The...
In 2023, the number of new rental contracts for both apartments and villas reached its highest point, and current levels in 2024 are already nearing 90% of that peak, according to data from Square Yards. Following a period of stabilization in Dubai's apartment rental market, experts predict that 2025 will be another strong year for investors and homeowners, with short-term lease rentals expected to...
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