Research

Dubai Living Market Dynamics, Q3 2024

Summary and analysis of Dubai's current living real estate market conditions.

November 21, 2024

Contributors:

Faraz Ahmed
Muhammad Aijaz
Taimur Khan

Residential sales transactions recorded a 35.6% increase in terms of volume on a YoY YTD basis, primarily led by the off-plan segment.

Sales prices and rental rates maintain growth, driven by investor demand and tenants seeking quality living stock in well-serviced communities.

Developers aim to enhance existing communities with new projects and launch new master planned communities in secondary locations.

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