Dubai real estate market graph 74 Emirates Living Dubai Creek Harbour Al Furjan Jumeirah Village Circle 5,363 mln Jan 3, 2025 · Projections and Expectations for Dubai’s Real Estate in 2025. You will be notified once or twice for new projects launches, sales promotions or real estate updates. 74 bn TOTAL TRANSACTIONS 17,378 TYPE VOLUME VALUE (‘billion AED) SALES 12,037 39. In fact, the post-pandemic recovery, government reforms, and further foreign investment have put the emirate at a high level of activity across the sector. #CARD_INITIALS# 2024 Dec. 1 billion. The Dubai real estate market has now picked up momentum in 2024, with continued demand for both residential and commercial real estate. Oct 22, 2024 · The UAE economy is set to grow further in 2025, with GDP forecast to rise 5. 17% month-on-month Highest ever sales transaction volumes for November push all-time annual record even higher Off-plan resales continue to increase however developer […] In addition, the largest number of real estate transactions were made in the third quarter of 2021 since 2009. 41 bn TOTAL TRANSACTIONS 16,415 TYPE VOLUME VALUE (‘billion AED) SALES 9,604 27. In this city of numbers and opportunity, we present you with the key figures that define the real estate market. 4% growth in capital values. Buyer’s Market. Contact us for free consultation Aug 20, 2024 · The future of Dubai’s real estate market is poised for significant growth, with data from DXBInteract. 69 MORTGAGE 6,811 31. How much property prices have risen or declined. Basic Statistic Commercial This report provides a wide-ranging view of market performance, pricing trends, in-demand communities, and numerous other essential factors influencing the property landscape. In Q1 2024, the volume of real estate purchase transactions increased both in quantity and value terms versus a similar period of 2023. Get a glimpse into the future of real estate in Dubai. 2% Villas In the villa segment of the market, supply has been much more Dec 20, 2024 · This surge in high-value sales highlights the continued demand for luxury real estate in the city. 9 percent, hitting an impressive 103. The Dubai government has implemented several measures to boost the real estate market, including the Expo 2020, which will attract millions of visitors, increase demand for real estate, and raise property prices. 8 February 2024. Apr 21, 2024 · What is the projected real estate market trend in Dubai for 2025? The projected real estate market trend in Dubai for 2025 is positive. 5% increase YoY) Dec 13, 2024 · Dubai’s real estate market in 2025 presents exciting opportunities. To learn more about Dubai's Real Estate performance, visit fäm Properties. Looking ahead to 2025, Dubai’s real estate market is expected to maintain its upward trajectory, driven by ongoing infrastructure investments and the Dubai 2040 Urban Master Plan, which aims to enhance residents' quality of life and attract international investors. Due to the still extremely popular need for property in Dubai, the additional inventory will take some time to reach the market. 5% increase from Q4 2022. Contact us for a free consultation. The demand for property in Dubai remains robust, with both investors and end-users actively participating in the market. 6% compared to the previous year. Keep an eye on MyBayut for Bayut property market reports for Abu Dhabi, releasing later this week. This unprecedented growth can be attributed to several factors, including increased investor confidence, economic stability, and a ©️ 2024 Aora Tech. Get the complete details about Dubai real estate market, no. As we approach 2025, the future of Dubai Real Estate 2025 looks even brighter, offering exciting opportunities and challenges. 59. . Total Property Sale Transactions. Get detailed information on the DFMRE including charts, technical analysis, components and more. Foreign Direct Investment and Interest: Dec 4, 2024 · The Dubai real estate market has experienced significant growth in 2024, with a surge in property transactions, especially in the luxury segment. Discover data-driven exploration of Dubais property supply. 0% on the back of continued non-oil strength, sustaining growth in real estate markets. For early access, Sep 25, 2024 · Dubai housing bubble risk in detail. This anticipated surge marks a critical phase in Dubai’s ongoing development, with the next five years set to reshape the Jul 15, 2024 · Dubai Property Market Price Trend 2025. Property price appreciation continues in October, up 1. So, without any further ado, let’s go right ahead and see what the next year holds for real estate in Dubai. Is DFMRE a Good Stock Market Index to Invest In? Dubai Real Estate and Construction News Now track current and past real estate performance in Dubai’s real estate market. Figure 2: Average new and renewed rental rates within the villa segment of the market. Apr 6, 2023 · Dubai Immo, the leading French real estate agency in Dubaioffers you the analysis of the real estate market in Dubai for the 1st quarter of 2023. 6% and renewed rental rates in Dubai as at July 2023 25. Factors Influencing Dubai Real Estate Market Forecast. Capital Value Growth in H1 2024. Dubai attracts investors from around the world, contributing to consistent growth in the Dubai real estate market. − We expect limited asset impairments in 2022 as the Dubai real estate sectors’ outlook has significantly strengthened − Companies with assets outside of Dubai may be exposed to lagging real estate markets and could continue to report some impairments − Net profit margins will improve on lower assets and receivables impairments Dec 15, 2024 · Dubai Real Estate Market Trends. The real estate market in Dubai in 2025 experience significant growth by several key factors, which we discussed below. Finding your dream home in Dubai is made easier with the help of experienced real estate brokers in Dubai. 3 billion), reflecting a 25% increase compared to the Nov 12, 2024 · October 2024 Dubai’s real estate market maintained its remarkable growth, showing Dubai’s continuous success as a global investment hub. 13 TOTAL 17,378 64. GDPR Consent Terms; Mar 21, 2024 · Bayut’s Dubai annual real estate market report 2023 also highlighted significant investor interest in Downtown Dubai luxury properties. The quarter saw a surge in property transactions, with an impressive 43,261 sales volume and totaling AED 124. 15 0. ft. 5% economic growth forecast. It is expected that in 2024, the volume of Dubai's property investment will exceed AED 350 billion. ” Sep 11, 2023 · The total volume of transactions in Dubai’s residential market stood at 11,328 in August 2023. 5 Dubai Supply Dubai Real Estate Report - Q4 2023 | may cool the demand for residential real estate. ”Quanta offers us access to official, easily downloadable data through a user-friendly website, greatly bolstering the efforts of our research and valuation teams. Valuers that want the most up-to-date comparable market evidence to use in valuation reports. pace recording a 0. The value of property has declined since 2014, including a 10% decrease in apartment values and a 9% reduction in villa prices in 2018. Dubai Real Estate Market Overview 1st Quarter 2024 PROPERTY PRICE CHANGE The real estate market in Dubai has seen notable changes in property prices across different categories. 3 million, reflecting a 1. With such an increase, the sector records a notable rise of 3. Off-plan apartments have experienced a modest increase, reaching AED 1. The market has benefited from accelerating population growth, especially from regions where the investment climate has deteriorated in recent years. 4 days ago · Dubai’s Residential Market Performance Dubai’s residential real estate market continued to see a remarkable surge in activity throughout the first nine months of 2024. Dubai Property Market Trends Apr 27, 2024 · Based on the results for the first quarter of 2024, the residential and commercial real estate market in Dubai can be characterized as stable and showing growth. 9B) more than the amount sold in H1 2022. Feb 8, 2024 · Our latest Dubai Property Market Report is now released. This will lead residential real estate prices to stabilize in 2023. 0% on the back of continued non-oil strength and population growth, sustaining growth in real estate markets. UAE, Dubai, Burj Khalifa District, Bay Square, 802 . Affordable Housing Jul 31, 2024 · The data highlights the robust growth trajectory of Dubai's property market, positioning it as a leading real estate hub globally. Attractive Tax Policies Dubai’s low-tax environment, including zero property tax and capital gains tax, makes it a lucrative choice for global investors. The years 2013 to 2014 marked the period of stable growth that the market had achieved. 45% (2025-2029) resulting in a market volume of US$0. This index includes Al Barari, Al Furjan, Business Bay, Damac Hills, Damac Lagoons, Discovery Gardens, Downtown Dubai, Dubai Creek Harbour, Dubai Hills Estate, Dubai Marina, Dubai Silicon Oasis, Dubai South, Emirates Hills, Golf Estates, Jumeirah Islands, Jumeirah Lake Towers, Jumeirah Village Circle, Palm Jumeirah, Tilal Al Gaf. Scope of Dubai’s Real Estate Market. In July 2024, Dubai’s real estate sector demonstrated impressive growth and resilience. We invite you to immerse yourself in this wealth of information, equipping you with the knowledge to make well- informed decisions in the ever-evolving Dubai property market. 736292) under the Dubai Land Department. The report reveals our detailed findings on the office, residential, and industrial sectors and key demand drivers for each. I’m not sure you understand what is a bubble and what is speculation, because here we’re right at the opposite end. A significant stride towards enhancing market transparency was achieved by sharing comprehensive data pertaining to the real estate market in Abu Dhabi. 9 billion and 50,423 completed transactions, the market saw a significant 16. Oct 31, 2024 · Dubai has one of the fastest-growing economies in the world heading into 2025. of delivered projects, offplan projects, prices, construction updates, transaction count and more Real estate brokers that want to stay up-to-date on market trends and stay ahead of competition. 4 billion ($48. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of 3rd Quarter 2022 and more. May 24, 2023 · We are currently in our 3rd property cycle where Dubai’s residential market witnessed a spectacular price recovery since the pandemic. Discover the latest insights into the Dubai Real Estate market with our report for the fourth quarter of 2023. Official statistics from the Dubai Land Department show an impressive increase in sales volume in Q1. Aug 20, 2024 · Property Market Trends in Dubai. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of 4th Quarter 2023 and more. Feb 7, 2024 · Di Re Estate Report - Q4 2023 | 3 Completed in Q1 - Q3 2023 Completed in Q4 2023 Projected 2024 APARTMENTS No. Dubai’s real estate market is currently on an upward trajectory, bouncing back from the pandemic-induced slowdown. 9% growth in capital value during the first half of the year. RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. October recorded a high from the previous year’s growth in sales volume, price per square feet, and overall transaction value, following high demand in the residential and commercial markets. This is the second-highest monthly figure ever registered, up by 22. 2% to average at AED 2,637. Let’s compare the key statistics and trends from Q1 and Q2 2024 to provide a clearer picture of the market's trajectory. Dubai Property Market Dubai Property Market Monthly Reports. Property price appreciation continues at moderate pace, up 1. Explore, find and gauge the market health using the latest home price trends and indices for sale and rental properties in UAE using Bayut. Luxury villas, beachfront homes, and penthouses are anticipated to see price increases of 8-10% in 2025, particularly in areas like Dubai Hills Estate, Palm Jumeirah, and Jumeirah Golf Estates. Developers that want to understand market dynamics, competitor position and manage future projects in line with market demand. Perhaps an adjustment that will hit various projects differently. According to the Savills World Cities Prime Residential Index, which tracks property prices across 30 global cities, Dubai led the way in 2023 with an impressive 17. Jul 14, 2023 · The Dubai Real Estate Market in 2022. Jun 28, 2024 · Dubai, UAE – The Dubai real estate market has demonstrated robust growth in May 2024, marking a significant upturn in both sales and prices across various property segments. Backed by strong economic policies, investor-friendly regulations and a vision for growth, I believe the country is well The Dubai real estate market has maintained an upward trajectory in capital value growth. Sales volume up by 60. Carry out detailed Dubai Real Estate & Property Market Analysis and see real time market trends to make the best decision whether buying or renting property. 5%. 4 thousand transactions) was recorded on the real estate market this Q2-2021 REAL ESTATE MARKET OVERVIEW DUBAI REAL ESTATE TRENDS DUBAI LAND TRANSACTION TOP RESIDENTIAL INVESTMENT LOCATIONS - Q2 2021 AED. 76% rise in property prices in April. 61 MORTGAGE 5,341 25. Dubai is consistently the largest city bottoming out the real estate bubble studies, because here the prices are extremely correlated to cash-flow, and there is no expectations of any capital gains when buying, there is no speculation. The Q3 2024 Dubai real estate market has truly shined, showcasing remarkable growth and dynamic trends. ©️ 2024 Aora Tech. Sales volume Number of property sales transactions in Dubai over years based on the Dubai Land Department Feb 14, 2024 · Deloitte’s 10th annual Real Estate Predictions report focuses on the performance of Dubai’s real estate market in 2023, forecasting the changes in the hospitality, residential, office, retail, industrial and logistics sectors in 2024. The Dubai Land Department (DLD) reported a total of AED 285 billion in real estate transactions, marking a significant increase from previous years. Dec 7, 2023 · The distribution of sales transactions in the real estate market in Dubai in the United Arab Emirates in 2022, by market type [Graph], Emaar Properties, March 27, 2023. A few things may have led to the rapid rise of the Dubai real estate market. According to official data, it is expected that in 2024, the common volume of Dubai real estate investment will exceed $100 billion. That said, according to DLD data, in H1 2023, the value of properties sold amounted to AED 62. Dubai’s residential market has entered its fifth year of upward trajectory, with a 20% year-on-year increase in city-wide residential sales prices and an 18% rise in rental prices. This builds on last year’s $100 billion in total investments. Get ready to dive into the delivery rates, yearly units completed , and the number of properties launched. It indicates three trends in the property market. Based on Reidin's "Dubai & Abu Dhabi Real Estate Market Overview Q2 2024" report, the pace of new Dubai is a riskier real estate market than others, mostly because of its dependence on expat renters and low lifespan of buildings. 06% and 5. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of January 2020 and more. Nov 2, 2024 · The Dubai government responded by implementing measures to restore confidence in the market, including debt restructuring and the establishment of the Real Estate Regulatory Agency (RERA) in 2007, which helped create transparency and regulation in an otherwise chaotic market (Executive Magazine, 2009). 5 billion last month, report says Aarti Nagraj Jun 12, 2023 · A total of 10,934 transactions were registered in Dubai’s residential market in May 2023, highlighting a growth of 76. The Dubai housing market analysis predicts a 5% rise in real estate for 2024. GDPR Consent Terms Stay up to date and get notified on the go Dubai's real estate market stands out globally due to its dynamic growth, stable economy, and strategic location. The total volume of transactions in the year to date to May 2023 reached 47,850, the highest level on record over this period. There are various factors responsible for the rise of the Dubai real estate market. The growth rate will be moderate compared to the year 2022. Oct 1, 2024 · Current State of the Market. 57% inflation-adjusted) in Q1 2024. The real estate prices have hit new peaks, rising 18% compared to the second quarter of 2023 and beating the previous record set in ©️ 2024 Aora Tech. This boosts confidence in the real estate Nov 12, 2024 · October 2024 Dubai’s real estate market maintained its remarkable growth, showing Dubai’s continuous success as a global investment hub. Investors wishing to purchase residential and commercial property in the emirate are interested to know what is in store for the Dubai real estate market in 2022, and which kind of housing will be most in demand. HNWIs have played a significant role in this cycle, as they have been willing to invest large sums of money in the city's real estate market, driving up demand and prices. sales promotions or real estate updates. One of the best results (13. Source: CBRE Research/ REIDIN Year-on-year increase in average villa rents in Dubai as at July 2023 22. Dec 7, 2023 · Volume of sales transactions in the real estate market in Dubai in the United Arab Emirates from 2013 to 2022 (in 1,000s) [Graph], Emaar Properties, March 27, 2023. Dec 17, 2024 · Dubai’s commitment to innovation, coupled with its resilient economy and vision for the future, ensures that the real estate sector will remain a cornerstone of the city’s growth. 3B (USD 16. Oct 28, 2024 · Demand for residential real estate in Dubai has increased significantly since 2022. Dubai Office Market The office real estate market witnessed a surge in demand in 2023. Dubai's real estate market is booming, driven by an influx of wealthy migrants. There is a boom in the luxury property segment. Aug 11, 2023 · The Future of Dubai’s Real Estate Market. Currently, Dubai is a buyer’s market. Dubai’s luxury real estate market continues its impressive growth See where people are buying and renting properties in Dubai & UAE. Jun 27, 2024 · Dubai's real estate market continues to demonstrate its allure for global investors, with British nationals emerging as the top property buyers in the first half of 2024, according to a comprehensive report by W Capital, a leading UAE-based real estate brokerage firm. Jul 23, 2024 · The second quarter of 2024 has reaffirmed Dubai's position as a leading global real estate market. Dec 4, 2023 · Disclaimer: The above Dubai sales real estate market report (MKTT RPT YE 2022) is based on prices for ready properties advertised by real estate agencies on behalf of their clients on Bayut. 83%, respectively. com’s exclusive home value indices. With new developments on the horizon, explore the projected growth of residential apartments, luxurious villas, and commercial properties. Since bottoming out in November 2020 the Dubai market is now 18 months into its recovery and expansion phases which perpetuate in the real estate cycle. 43% (16. Jan 1, 2024 · Dubai Real Estate has created a long-term health in terms of the availability of units in the market. Dec 30, 2024 · The Dubai real estate market continued its upward trajectory in 2017. Dubai’s real estate market has long been a hotspot for global investors, and the outlook for 2025 is exceptionally promising. High investor sentiment prevailed, particularly in the wake of Expo 2020 . 73% month-on-month Record-breaking month for sales transactions, with the market on track for 30% growth by year’s end Off-plan project launches surpass 100,000 new residential units YTD Mortgage transactions increase 3. Dubai's real estate market forecast depicts that there will be a massive trend for more real estate investments from all across the world in 2025. With strong performance across various segments and promising future prospects, the market continues to offer lucrative opportunities for investors and end-users alike. Here are some top highlights: Office. Oct 14, 2024 · Dubai’s real estate market in Q3 2024 has shattered records and reaffirmed the city’s status as a global investment hub. 72 TOTAL 16,415 59. On this report, you will identify the flow of property supply in the Dubai’s market. It is licensed by the Real Estate Regulatory Agency (License No. 8 percent surge in average annual rent prices, reaching $24,581. This has not been the case. As the industry looks ahead to 2024, the air is thick with news and speculation about the trajectory of Dubai’s real estate market. The UBS report said: “Dubai’s real estate has been in high demand since 2021. The Dubai real estate market demonstrates a high demand for both residential and commercial property. of units 21,700 5,750 37,000 VILLAS No. If you are looking into real estate investment opportunities, our H1 2024 Dubai Sales Market Report offers a comprehensive analysis of the Dubai property prices in the most popular areas. 0. Mar 12, 2024 · As we step into 2024, Dubai's real estate market promises yet another period of growth, with property prices anticipated to rise in the coming year. According to the data from Better Homes brokerage company, property market in Dubai witnessed over 86,000 property transactions in 2022, reflecting a significant increase of 61% compared to 2021. As one of the world’s leading business and tourism hubs, the city continues to attract investors from around the globe, thanks to its robust growth driven by various factors, including government policies Jul 11, 2024 · The Dubai residential market continues its expansion, with 75,543 residential transactions valued at AED 191 billion during H1 2024. By property type: Apartment prices in Dubai surged by 20. Feb 13, 2024 · Activity levels in Dubai’s occupier market remained resolute throughout the last quarter of 2023, where, based on data from the Dubai Land Department, the total number of rental contracts registered reached 47,234, up by 34. For early access, Oct 17, 2024 · Dubai Real Estate Market has been on an upward and downward graph for the last ten years. Dubai was hit by coronavirus like any other city but was soon able to revive from its effects when the property rates varied from going to the lowest, to getting back to normalcy. • Developers will benefit from good revenue visibility for the next couple of years, thanks to their robust revenue backlogs following strong presales in 2021 -2022. However I am of the opinion that there won’t be a real crash like 2008. Dubai’s real estate market also witnessed a 20. [Online]. The company operates through the following segments: Real Estate, Leasing & Related Activities, and تسعى دائرة الأراضي والأملاك بدبي إلى تحقيق أهداف استراتيجية حكومة دبي في القطاع العقاري Based on our analysis of real estate prices for Dubai Q1 sales property market report 2022, villa properties in Dubai Hills Estate and Arabian Ranches also yield healthy projected ROIs of over 6. Explore the current trends in property prices across Dubais various neighborhoods and forecast what the overall market might look like in the coming years. 9 billion. Its property portfolio includes master-planned communities, shopping malls, hostels and resorts, entertainment, commercial leasing, and industries and investment. Off-Plan Property Investments Will Keep Growing Jun 15, 2023 · Of all the local amenity options offered in Dubai, parks (85 per cent) were an overwhelming favourite among high-net-worth individuals. Feb 1, 2023 · Cookie Duration Description; cookielawinfo-checkbox-analytics: 11 months: This cookie is set by GDPR Cookie Consent plugin. 41 Emirates Living Jumeirah Village Circle 2,942 mln 1,578 units 998 mln 385 units No stopping the strength of the Dubai real estate market in 2023. This section highlights the expected availability of properties, giving you an early look at opportunities to invest in the future of real estate. Only 30% of the market is people who live in Dubai, the rest in real estate is an investment. 1 points. of units 5,500 2,000 8,850 OFFICES Million Sq. The UAE economy is forecast to grow by 5. Nov 19, 2024 · Dubai real estate market has been one of the most dynamic and appealing sectors globally, attracting investors, homebuyers, and developers alike. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of 4th Quarter 2024 and more. 4% growth. Q3 2024 was a record-breaking quarter for the Dubai real estate market, solidifying investor trust and setting new benchmarks in terms of both volume and value. Dubai’s real estate sector displayed remarkable resilience in 2023, so much so that property prices are now expected to rise exponentially amid higher demands from local and international buyers alike. 1% compared to the previous year. Dubai is now open for five-year and ten-year residency visas for people from all across the world, to come and invest in real estate in Dubai. Dubai's real estate market is expected to experience organic growth, with rising property values and an increase in new developments. This insightful projection stems from the analytics and data from DXB Interact, offering a comprehensive understanding of the evolving dynamics within the real estate sector. Since the market is experiencing an Nov 12, 2024 · Despite new office project announcements, the Dubai office market is expected to remain undersupplied until 2027; Residential Market - Q3, 2024. The city's diverse property offerings, futuristic infrastructure, and investor-friendly environment make it an attractive destination for international property investment. 5% rise compared to 2023. Record highs for average prices, sales volumes, mortgage volumes, and new project launches. Several factors are contributing to the market’s resilience, including: Dubai 2024 real estate is also projected to keep growing. This means that there is no internal market — about 70% of real estate is bought by people who do not live and do not intend to live in Dubai. On a quarterly basis, Dubai residential property prices were up by 6. Feb 8, 2024 · 2024 Real estate market update. Download the Feb 8, 2024 · The Dubai real estate market had a remarkable fourth quarter (Q4) of 2023, with the city’s residential capital gains hitting a new high in a decade. The price-per-square-foot for apartments in the area increased by 10. Dubai’s real estate market research aligns with the UAE’s 4. Get first-hand information from fam Properties. BIS. In 2022–2024, Dubai became D&B Properties is a fully integrated real estate brokerage firm registered in Dubai, United Arab Emirates. In 2017, the Dubai real estate market recorded approximately 69,000 transactions. In 2023, and the forthcoming years within the forecast period will witness a massive trend for more real estate investments, coming from different parts of the world. The quarter saw an impressive surge in transactions, project registrations, and completed units, making it the most active quarter in Dubai’s history. Oct 19, 2021 · 1. Standing Apr 29, 2024 · According to the Dubai Statistics Center’s data, the real estate sector in Dubai had a share of 14. Nov 8, 2024 · This is what this blog is all about. Ø Is 2023 a good time to invest in Dubai properties? For high ROIs, invest this year. 6% growth quarter-on-quarter (QoQ) and a 37. 12% (5. in Dubai, UAE: +971 (50) 2528188 (Whatsapp, Viber, Telegram) Toll Free Dubai: 800-IMEX (800-4639) IMEX REAL ESTATE BROKER LLC, UAE The real estate business in Dubai is dominating the chart of the real estate sector all around the world, this is just because of the Government policies of Dubai which support the investors and stabilize the trend of the economy. Sep 10, 2024 · Disclaimer: The above Dubai sales real estate market report (MKTRPTH12024) is based on prices for ready properties advertised by real estate agencies on behalf of their clients on Bayut. 76tn in 2029. Whether you are a numbers-savvy investor or a curious observer, we equip you with the statistics to understand Dubai real estate market reaches new heights: Record-breaking growth and cautious optimism as 2025 nears. The Dubai Land Department's latest figures highlight a thriving market, with a remarkable increase in total property transactions and sales values compared to the Jun 1, 2018 · The data is categorized under World Trend Plus’s Association: Property Sector – Table RK. Jul 11, 2024 · That wraps up our Dubai rental market report for H1 2024. #CARD_INITIALS# 2024 Nov. 74 in November, according to Springfield Properties. com indicating a remarkable 80% increase in the supply of delivered units during 2025 and 2026 compared to 2024. The office real estate market witnessed a surge in demand in 2023. The ValuStrat Price Index (VPI) had a year-on-year (YoY) increase of 19. 7% compared to the year prior. A key highlight of Q3 has been the sustained interest in luxury real estate, particularly in iconic areas such as Palm Jumeirah, Emirates Hills, and Dubai Hills Estate. 9%, following a fresh influx of the Nov 12, 2024 · Ismail Al Hammadi, founder and CEO of Biznet Consulting, which specializes in real estate project management and development in Dubai, said that real estate sales in Dubai over the first 10 months of the current year have risen by approximately 8,4 percent compared to the total sales value of AED401 billion in 2023. For early access, Q1-2022 REAL ESTATE MARKET OVERVIEW DUBAI REAL ESTATE TRENDS DUBAI LAND TRANSACTION TOP RESIDENTIAL INVESTMENT LOCATIONS - Q1 2022 AED. The demand for real estate in Dubai remains robust, driven by several key factors: Jul 15, 2024 · Our Dubai real estate sales market report for Q1 2023 reveals that Dubai Marina continued to reign the market for luxury apartments sales: In Q1 2023, apartments for sale in Dubai Marina reported an average price-per-square-foot of AED 1,529, which represented a 12. Are you considering buying property in Dubai as a foreigner? Dubai offers a diverse range of real estate options, from luxurious Emirates Hills villas to stunning Palm Jumeirah house prices. Prices for real estate are expected to rise by twenty to twenty-five percent yearly as fresh inventory is only just starting to come into the real estate market. Jul 19, 2024 · Having the house equipped with technologies will make a better bet to list it up on the market. Dubai property values now stand at AED 1,014 per sq ft according to the Property Monitor Dynamic Price Index (DPI). EPA The desire to be near a park was highest among East Asians, at 95 per cent, while Saudis considered it the most important factor. Dec 23, 2022 · Deloitte’s nineth annual Real Estate Predictions report examines the performance of Dubai’s real estate market in 2022, forecasting the changes in the hospitality, residential, office, retail, industrial and logistics sectors in 2023. 9% increase year-on-year (YoY). The market saw notable increases in both transaction volume and sales value compared to the previous year, reflecting its strong appeal to investors and homebuyers. Jul 2, 2024 · As we delve into the first and second quarters of 2024, the Dubai real estate market has demonstrated significant growth and dynamic shifts. 0% compared to the previous year. With total sales of AED 141. Unveil key trends, market dynamics, and expert forecasts to navigate and invest confidently in Dubai. This represents a 36% increase in transactions year-over-year (YoY) and a 17% increase half-on-half (HoH), highlighting the ongoing growth of the Emirate. Oct 19, 2024 · As DXB Interact Dubai real estate price charts show, from January to October 2023 inclusive, the sales amounted to 323 billion dirhams; in the same period of 2024, it reached 425 billion dirhams. 5 0. 64. A yearly review of the Dubai real estate market, highlighting the key trends and market forecast. Average prices rise by 5% in Q3 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 J a n-0 3 J a n-0 4 J a n-0 5 J a n-0 6 J a n-0 7 J a n-0 8 J a n-0 9 J a n-1 0 J a n-1 1 J a n-1 2 J a n-1 3 J a n-1 4 Oct 7, 2024 · Market Overview. Whether you’re considering a new investment, looking for your dream home, or exploring the latest trends, 2025 is set to be an exciting year in Dubai real estate. The Q2 2024 Dubai real estate market has truly shined, showcasing remarkable growth and dynamic trends. Morgan’s International Realty’s quarterly reports reflects the latest market trends and gives a comprehensive view of Dubai’s residential & commercial property markets, the data is acquired from a vast number of reliable sources and it will offer our readers a deep view of the market performance, price movement, hottest communities and much more. Ø Will real estate prices in Dubai decrease in 2023? Property prices in Dubai are expected to further rise in 2023. The cookie is used to store the user consent for the cookies in the category "Analytics". Now track daily sales transactions happening in Dubai’s real estate market. Sep 20, 2023 · Dubai property market: Best performing areas for prices and rents in August Off-plan units drove 37 per cent annual growth in total sales to $8. 96%, whereas the 6-bed houses became more expensive by 25. 2% and reach Feb 8, 2023 · The thing to understand here is that Dubai’s market is almost entirely dependent on external factors. Key Elements For Dubai Real Estate Market Forecast. Both transaction volume and value have reached new highs, surpassing previous records. Given the significant rise in the number of new residential launches over the past two years, we previously expected prices would stabilize and demand would abate by year-end 2024. The UAE office market continues to see strong occupier demand, but a lack of available good quality supply for immediate and short-term occupation remains a key challenge for tenants Emaar Properties PJSC engages in the development of real estate properties. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas and more. Last year marked a remarkable milestone for the Dubai property market, achieving the highest performance in the past 12 years. DXB Interact reports that Dubai's prime residential market has experienced a 2. The Current Condition of Dubai’s Real Estate Sector Dubai’s Real Estate Market in 2025: Expectations and Trends Prediction. Our contacts: Tel. Oct 14, 2024 · Historical data on residential real estate prices both nominal and adjusted for inflation. Sep 29, 2024 · This is also allowing industries such as fintech, digital innovation, and e-commerce to thrive throughout the UAE and the global market, all of which contribute to a positive Dubai real estate market forecast 2025, as future real estate developments adapt to meet the needs of the shifting business landscape. Oct 14, 2024 · Based on the consumer search trends observed for our H1 2023 Dubai real estate market report, Dubai Hills Estate was the top choice for renters interested in luxury villas: The average annual rent for 4-bed villas in Dubai Hills Estate increased by 2. 1% of the city’s GDP in 2022. The sustained economic growth, growing non-oil sector, ongoing push to improve the ease of doing business, and government initiatives to support job creation, such as the Future 100 Initiative, led to a buoyant office occupier demand. Q1 2024: 36,506 transactions (17. com (excluding room share), and is not representative of actual real estate transactions conducted in Dubai, unless specified as based on DLD data. Luxury market insights. According to the Dubai Land Department (DLD), the total value of real estate transactions in the first half of 2024 reached AED 177. The report delves into the profile of these buyers, highlighting the increase in end-user purchases and mortgage transactions, and what this means for the market. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of March 2020 and more. With construction on the rise and more property coming into the market, it is expected that the Dubai real estate market will remain affordable for The Real Estate market in the United Arab Emirates is projected to grow by 2. Jan 13, 2024 · In 2025, according to Dubai’s real estate market estimate, there will be a massive influx of real estate investments from all over the globe. [COVID-19-IMPACT] View United Arab Emirates's Real Residential Property Price Index from Mar 2003 to Mar 2024 in the chart: Feb 26, 2019 · Follow the changes in the Dubai property market by subscribing to the newsletter from IMEX Real Estate, and buy/sell or rent/lease real estate in Dubai with the qualifieed help of our experts. In the first half of 2024, Engel & Völkers engaged with buyers from over 50 countries. The quarter saw a surge in property transactions, with an impressive 50,423 sales totaling AED 141. Get all information about Dubai Real Estate market including sales volume, sales value, price change in all areas of May 2020 and more. Aug 24, 2023 · Dubai’s property market has been witnessing a boom over the past years, with 2023 to become the busiest year so far. Nov 25, 2024 · Real estate in Dubai The real estate sector is a important driver of Dubai's GDP, supporting allied industries like construction, finance, hospitality, and retail. The head office of the company is 13th floor, Blue Bay Tower, Business Bay, Dubai, United Arab Emirates The UAE residential real estate market report provides insights with an overview of the economy and the market, the impact of the COVID-19 pandemic on the market, real estate buying trends - socioeconomic and demographic insights, government initiatives, regulatory aspects for the residential real estate sector, insights into the size of real Sep 26, 2024 · Graph and download economic data for Real Residential Property Prices for United Arab Emirates (QAER771BIS) from Q1 2004 to Q1 2024 about United Arab Emirates, residential, HPI, housing, real, price index, indexes, and price. This page will be public in few days. 54% inflation-adjusted) during the year to Q1 2024, a sharp acceleration from the prior year's 12. pzyux lbcl ffgnou bywo dkyxb ycc rzwfzm rnhucb eidfz rmvv