Dubai Real Estate Market Review 03-Jul-2024
Over 80% of property units launched since 2022 sold out. Property sales volume surges 30% due to strong demand. How much real estate can you buy with $1m?
Dubai: Over 80% of property units launched since 2022 sold out
Since 2022, over 80% of new property units in Dubai have sold out, indicating high demand for off-plan projects. Developers launched real estate projects worth billions, with 214 projects initiated and 148 active. May 2024 saw a record 15,766 transactions, up 44.2% year-on-year. Prices have s…
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