- Dubai’s residential sector is on the way to setting a new record for the most number of properties sold in a year.
- The share of off-plan transactions in demand has gradually increased from circa 72% at the start of the year to an average of 77% in August and September.
- More than 72,000 units have been launched across the city till September. During the first nine months of 2024, approx. 114,500 units were launched. Compared to this figure, new launches have almost halved.
- Price increase across apartment developments have been divergent. Prime communities and luxury apartment developments have seen double digit price increases.
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