The Dubai real estate market achieved record-breaking results in 2024, reaching an all-time high of 180,900 transactions valued at AED522.1bn ($142.2bn). A report from fäm Properties highlighted how 2024 became a historic year, with notable increases of 36% and 27% compared to the previous record of 133,100 sales worth AED411.1bn ($112bn) in 2023. In the primary market, sales of new developments saw...
Dubai’s property market has witnessed an extraordinary surge in demand, with Q4 2024 achieving the highest-ever quarterly sales, indicating a positive outlook for 2025. The city’s real estate sector continues to draw investors and homebuyers, supported by favorable economic conditions and government initiatives aimed at fostering growth. This trend suggests that Dubai’s property market is likely to...
Dubai’s property market is likely to face supply constraints in some key areas, even as developers intensify construction efforts to meet rising demand. Residential property prices in Dubai, which have experienced significant hikes over the past few years, are expected to see a more moderate increase of 5 to 10 percent in 2025, industry experts predict. The demand for affordable housing is...
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