Dubai Real Estate Market Review 28-Nov-2024
Palm Jumeirah and Jumeirah Bay Island lead Dubai's super-luxury real estate market, making up 48% of transactions over AED 50 million in 2024. Market positioned for robust growth in the last quarter.
Dubai real estate does not show any signs of slowing down
Dubai’s real estate market showed significant growth in 2024, with Deyaar launching Park Five, a Dh1.5 billion luxury community. CEO Saeed Mohammed Al Qatami remains optimistic about market expansion, especially in suburban areas, and emphasizes smart living and community-focused development.
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