Dubai Real Estate Market Review: November 2024
Land transactions in Nov. 2024 was 38.7% of the total transactions. The market saw a decrease of approximately AED 20 billion from Oct 2024 to Nov. 2024, and up AED 1.2 billion from Nov. 2023.
In November 2024, the total value of transactions in the real estate market reached approximately AED 54.0 billion. This represents a significant decrease compared to last month’s figure of AED 74.1 billion and is slightly lower than the November 2023 total of AED 55.2 billion, suggesting a period of consolidation or cautious investor sentiment.
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