Cash buyers dominating Dubai’s luxury property market in 2024 as city logs $1.7bn in Q1 sales. Dubai real estate attracts global elite as Russians leave for Indonesia, Thailand
Dubai Real Estate Market demonstrated a stronger preference for 'Ready' properties (64.84%) over 'Off-Plan' (35.16%) on the 15th of April 2024.
In Dubai, co-living spaces are becoming increasingly popular among first-time residents, particularly those in their 20s and 30s. Rents reach up to AED6000/month.
Total transactions value on the 4th of April was AED 1.8 billion, out of which off-plan sales had 70% share of the total, while ready properties had 30% at AED 530 million.
Dubai’s real estate market exhibited a strong performance with total transactions amounting to AED 2.08 billion. The market was dominated by off-plan properties with over 63% of the day's total value.
Dubai real estate market showed lower levels of activity than the day before yet significantly high value of transaction at AED 1.8 billion. Off-plan transactions accounted to 57% of the total value.
Dubai real estate market continued to show strong growth, as evidenced by the total value of transactions which amounted to AED 2.31 billion. Off-plan sales contributed 62.91% to the daily total.
The total value of transactions was AED 45.4 billions for the month of March 2024, down 7% from last month's total and 9% from March 2023.
The 28th of March showcased a significant transaction volume, with the total reaching a substantial AED 2.2 billion. Off-plan transactions represented 64.75%.
The Dubai real estate transactions today recorded a value of AED 2.5 billion. Off-plan properties contributed significantly to the day's transactions, representing 77% of the total value.
Dubai real estate transactions hit AED 1.95 billion on March 26, 2024, with off-plan properties leading at 76.4% of sales, signaling a robust market for pre-construction investments.
Dubai's real estate market recorded a total value of AED 2.6 billion on the 25th of March 2024, 43.5% came from off-plan transactions, while ready properties contributed 56.5% to the total of the day.
