Dubai Real Estate Market Review 29-Feb-2024
On February 28, 2024, there has been a significant volume of transactions totaling AED 1,716,773,232. Off-plan properties contributed AED 1,139,124,100, approximately 66% of the total value.
Dubai apartment prices rise highest in a decade
Dubai's apartment prices saw the highest annual capital growth in a decade, with the ValuStrat Price Index (VPI) indicating a 21.5% yearly increase and a steady 2% monthly growth to 160.6 points in January 2024. The growth is attributed to high off-plan sales in established communities, with apartments achi…
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