Economy Local October 31, 2024

Dubai's Real Estate Sales Exceed 277 Billion AED in 2024

Since the beginning of 2024, Dubai has recorded real estate sales surpassing 277 billion AED, driven by 137,722 transactions across residential and hotel sectors.


Dubai's Real Estate Sales Exceed 277 Billion AED in 2024

We are pleased to announce that since the beginning of 2024, the sales volume of residential and commercial real estate (apartments, villas, and plots) in Dubai has reached over 277 billion dirhams, completing 137,722 transactions.

These impressive figures reflect stable growth in the real estate market in Dubai, demonstrating its resilience and attractiveness for both local investors and foreign buyers.

Representatives of the real estate sector expressed confidence in the long-term sustainability of the Dubai real estate market, based on its strong reputation, innovative projects, and broad investment opportunities.

"This significant increase in the volume of transactions speaks to investors' confidence in the long-term success of the Dubai real estate market," noted one of the analysts.