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Q3 2024 Breaks Dubai Real Estate Records Thanks to Off-plan Transactions

  • Dubai’s real estate market has once again surpassed previous records, marking the highest volume of quarterly transactions with a total of 50,439 and values touching AED 142 billion.
  • Q3 2024 outperformed the market peak from 02 2024 by 15% in volume and 14.5% in value. This was largely led by off-plan transactions, which accounted for 63% of the total transactions, compared to 55% in Q3 2023.
  • Off-plan sales marked the highest volume for a quarter ever record, with a year-on-year volume growth of roughly 58.7% with 31,800 transactions

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