Dubai Market Report – December 2024
Dubai’s real estate market ended 2024 with impressive momentum, solidifying its status as one of the world’s most dynamic property sectors. In December, property prices rose by 0.88% month-on-month, marking a 16.2% annual increase. This marked the 50th consecutive month of growth in the market. Monthly transactions rose to 15,108, reflecting a 4.3% increase from […]
Dubai Market Report – November 2024
As 2024 comes to a close, Dubai’s real estate market continues to outperform expectations. In November, property prices experienced a modest 0.48% increase, reaching AED 1,480 per square foot, 20% above the 2014 peak. With a consistent average monthly growth of 1.23% over the past 49 months, the market remains stable and less subject to […]
Dubai Market Report – October 2024
Dubai’s real estate market continues to soar, demonstrating remarkable resilience and growth. In just the past four years, property prices have appreciated by nearly 60%, and the momentum shows no signs of slowing. As of October 2024, the Property Monitor Dynamic Price Index reported a 1.73% month-on-month increase, pushing prices to AED 1,473 per square […]
Dubai Market Report – September 2024
Dubai property market continues to experience strong post-COVID growth. As of September 2024, the all-residential price index increased by 20.71% year-on-year, with average property prices reaching AED 1,448 per square foot, surpassing the previous 2014 peak by 17.4%. This represents a 57.9% rise from the market’s low in late 2020. The off-plan sector remains active, […]
