January 13, 2025

Dubai real estate sales hit $31.7bn in Q4; Palm Jumeirah claims highest average price

Palm Jumeirah boasts the highest average sales price in Dubai. Dubai's real estate sector recorded total sales transaction values of AED116.5bn ($31.7bn) in Q4 2024, marking a 31.1% year-on-year increase, as per a Springfield Properties report. Transaction volumes surged by 51.8%, reaching 46,844 deals, highlighting an exceptional year and reinforcing Dubai's status as a global hub for innovation and...

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