Dubai Real Estate Market Review 06-Dec-2024
Apartment sales rose 31.2%, while villa and plot sales saw declines. ENBD REIT reported a 6.57% year-on-year increase in NAV to USD 202 million. 4-bedroom unit leased out for Dh4.4 million a year.
Dubai real estate sales top Dh40 billion in November
Dubai's real estate market recorded 13,502 sales worth Dh40 billion in November, with an 8.8% rise in average property prices. Apartment sales rose 31.2%, while villa and plot sales saw declines. Total sales were up 10.5% from last November, reflecting sustained demand and investor confidence.
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