AED 522.5 billion in transactions marks a significant milestone for Dubai’s real estate market in 2024, recording a 27% year-on-year increase.
The latest figures show that total sales volume amounted to 181,000 real estate transactions recorded during the year.
This reflects a notable 36% year-on-year increase sales transactions in the Dubai real estate market, with growth observed in both demand and sales volume across various segments.
The city’s primary market witnessed a remarkable +30% year-on-year growth first sales in 2024, with sales soaring to AED 334.1 billion.
This spike in activity can largely be attributed to the soaring demand for both new and off-plan properties, as buyers and investors continue to flock to the emirate in search of stable, profitable opportunities.
Whether it’s the allure of Dubai’s luxury real estate developments or the growing demand for properties offering a modern, sustainable lifestyle, the city continues to prove its resilience and appeal as a global real estate hub.