Dubai Real Estate Market Review 19-Jul-2024

Nearly 90% of off-plan sales come from first-time buyers. Emirates REIT sells Trident Grand Mall in Dubai for $20m. Off-plan properties sales accounted for 63% of the total transactions.

Jul 19, 2024

∙ Paid

Dubai property projects sold 'in minutes'; nearly 90% of sales come from first-time buyers

Dubai's Tier 1 developers are seeing high demand, with projects selling out quickly due to strong real estate interest from residents and foreign investors. Meraas and Aldar Properties recently sold projects in minutes and hours, respectively. Key factors include b…

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