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Dubai Real Estate Sales hit $317bn in 04, Palm Jumelrah Claims Highest Average Price

  • The Dubai real estate sector saw total sales transaction values of AED 16.5b ($31.7bn) in Q4 2024, reflecting a 31.1 percent year-on-year increase.
  • Established communities such as Palm Jumerah, Downtown, and Dubai Marina remain dominant, offering a blend of exclusivity, ilestyle appeal, and long-term value.
  • The luxury segment reinforced its position as a key driver of market value, with premium properties in Palm Jumelrah achieving the highest average sales price al AED4,600 ($1,253) per square foot

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