2024

  The UAE real estate market is projected to reach AED 2.5 trillion ($681 billion) by the end of 2024, as reported by QUBE Development. This significant growth is attributed to multiple factors, with the off-plan sector being the primary driver, accounting for 65% of total sales transactions in August 2024. This marks a 54% increase in volume compared to the same period last year. ###...

The Future Living: Dubai 2024 Edition report, which gathered feedback from 1,612 participants, indicates that 72% anticipate property prices to increase over the coming year. A recent survey by Betterhomes highlights the strong growth and changing preferences within Dubai’s property market. According to the Future Living: Dubai 2024 Edition report, 72% of the 1,612 respondents predict that property...

In July 2024, sales of under-construction properties accounted for 60% of total transactions, marking a 49% year-on-year increase. Anyone with even a casual interest in Dubai’s real estate scene knows that it’s currently experiencing remarkable growth and has been for quite some time. Since the end of the global pandemic, Dubai's property sector has consistently thrived, setting numerous records...

Dubai’s property market is expected to lead global cities in growth this year, though high new supply may cause a short-term correction. According to the UBS Global Real Estate Bubble Index 2024, Dubai’s score rose from 0.14 in 2023 to 0.64, moving its ranking from 23rd to 14th place. For the past three and a half years, property prices and rentals in Dubai have increased, driven by a population...