- Following a strong January with more than 13,500 transactions, activity levels have remained robust with an additional 15,300 units transacted in February.
- About 8% of the total units sold in February were concentrated in Jumeirah Village Circle (JVC) as the sub-market led demand for both ready and under-construction properties.
- Transactions for apartment units saw a 14% m/m increase, while demand for villa/townhouses grew by 10% m/m.
- After more than 6,500 new unit launches in January, an additional 7,190 units were launched in February 2025.
- Capital values have increased by an average 2% m/m across both apartments and villas/townhouses.
Please reach out to your relationship manager for a copy of the report.