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$37.8bn Q3 Spend Despite Slight dip in Sales of Properties over $2.7m 10

  • Dubai’s real estate market achieved record-breaking sales in Q3 2024, with combined residential and commercial transactions surpassing AED138.8 billion ($37.8 billion).
  • The residential sector led the charge, with a 40.8% year-on-year surge in transactions. Off-plan sales, in particular, saw a significant boost.
  • While the overall market was robust, there was a modest 6% decline in transactions exceeding AED 10 million ($2.7 million) compared to the same period in 2023.

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