Dubai Real Estate Hits $4.6B in Transactions, Including $8M Royal Atlantis Sale

Dubai Real Estate Hits $4.6B in Transactions,

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At One Investments, we pride ourselves on staying ahead of the curve, which is why, regardless of where you’re based, we always recommend Dubai for property investment. The real estate market in Dubai has certainly proven its worth to investors across the globe in 2024, setting new records in both transaction volumes and sales values. Despite the challenges faced worldwide, Dubai has emerged as a safe haven for property investors, just as we anticipated.

 

It’s frequently said that the best time to invest was yesterday, and while that may feel true to some, the data proves that it’s never too late to take advantage of a robust, all-weather market. Here are just a few of the exceptional developments our clients have experienced this year alone:


Strong Sales Performance

 

The Dubai real estate market continues to capture attention, particularly in sought-after areas. Sales dominated the activity, with AED 10.59 billion ($2.9 billion) in residential and commercial transactions. A total of 3,772 sales were recorded during the week, reflecting strong investor confidence and sustained demand for prime properties across the emirate. 

 

This surge reinforces Dubai’s undeniable appeal, particularly for buyers seeking overseas real estate that could also serve as a luxury holiday home.


Mortgage and Gift Transactions

 

In addition to sales, mortgage transactions also made a significant contribution to the week’s total, amounting to AED 5.63 billion ($1.5 billion). This indicates a healthy level of financing activity and suggests that investors continue to see Dubai real estate as a sound long-term investment.


Robust Growth in High-Demand Areas

 

Among the most notable transactions, a luxury apartment in Serenia Residences on The Palm Jumeirah was sold for a staggering AED 50 million ($13.6 million). This further highlights Dubai’s increasing attractiveness to high-net-worth individuals seeking prestigious homes in some of the world’s most exclusive locations. 

 

These prime neighborhoods present lucrative investment opportunities in both apartments and villas, positioning them as key areas for property investors seeking strong, long-term returns.

 

Dubai’s real estate market shows no indication of slowing down, with Q4 2024 expected to see sustained growth. For investors seeking high-return properties, One Investments provides access to one of the most dynamic real estate sectors, characterized by rising property prices, stable rental yields, and strong demand.

 

We offer transparent and secure pathways for investors worldwide to tap into a prime real estate market with promising returns. 

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