Dubai: Luxury property sales increase; market listings drop as …

Oct 2, 2024 · The number of luxury property listings in Dubai dropped in the third quarter of 2024 as demand continued to outpace supply. During Q3 2024, 400 deals were registered in the …

CouponFollow Extension

4%
OFF

Luxury Property Sales In Dubai Increase; Listings Decline As Demand ...

3 weeks from now

Oct 3, 2024 · With this, the total for Dubai’s second palm-tree-shaped island in 2024 reached $1.1 billion, or 24.4% of the total value of the city’s luxury home sales thus far this year. “The …

propertynews.ae

$10
OFF

Luxury Property Sales In Dubai Increase; Listings Decline As Demand ...

3 weeks from now

Oct 28, 2024 · Indeed, this is also reflected in the fact that the ratio of $10-million-plus home sales to listings has climbed to 17.1 percent this year, from 10.7 percent during 2023,” said Durrani. …

dubaiproperty.news

15%
OFF

Knight Frank: Dubai Luxury Residential Market Sets New Record

3 weeks from now

3 days ago · The average sales price of homes on the Palm Jumeirah rose to AED 7,305 per square foot, reflecting a 15% increase from Q4 2023. Mannila continued: “Dubai's US$ 10 …

zawya.com

2%
OFF

Luxury Home Sales In Dubai Increase By 8.2% In Q3 As Supply …

3 weeks from now

Oct 2, 2024 · Knight Frank’s analysis also shows a 2-percentage point increase in the sales-to-listings ratio in Dubai’s prime residential market, driven by intensifying demand as well as a …

cbnme.com

$10
OFF

Dubai's Luxury Home Sales Touch Record 435 Units In 2024

3 weeks from now

Sales of luxury residential properties in Dubai priced above $10 million reached 435 units in 2024, slightly exceeding the 434 transactions recorded in 2023, according to global property …

forbesmiddleeast.com

$10
OFF

Dubai’s High-end Property Sales Steady Despite Drop In Listings ...

3 weeks from now

Jul 8, 2024 · The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report showed on Monday, as …

alarabiya.net

1%
OFF

Dubai’s Booming Market For $10 Million-Plus Homes Is Tempering

3 weeks from now

Oct 2, 2024 · The number of US$10 million-plus listings fell by about half in the first nine months of the year to 1,622. As a result, the ratio of luxury listings to sales climbed to 17.1% this year …

mansionglobal.com

$10
OFF

Dubai Real Estate: 435 Homes Sold For More Than $10m Last Year As ...

3 weeks from now

2 days ago · Dubai’s luxury residential real estate market achieved new heights in 2024, setting a new record for $10m+ home sales, according to the latest analysis from Knight Frank. The …

arabianbusiness.com

$10
OFF

Dubai’s Luxury Market Breaks Records With $10+ Million Home Sales

3 weeks from now

3 days ago · Dubai’s luxury residential market stabilized in 2024 while setting a new benchmark for home sales exceeding $10 million. The city witnessed 435 transactions in this price range, …

propertynews.ae

65%
OFF

Dubai Real Estate Set For Sustained Growth In 2025 Amid Rising …

3 weeks from now

Dec 4, 2024 · Despite strong demand, the supply of ultra-luxury homes has dwindled, with listings for $10 million+ properties falling by 65% over the past year. This scarcity is driving higher …

financemiddleeast.com

8%
OFF

Dubai Property Prices Set For 8% Rise In 2025 Amid Housing …

3 weeks from now

Dec 6, 2024 · Declining Property Listings and Luxury Market Growth Dubai’s housing market is witnessing a sharp decline in property listings, down by 30% compared to last year. At the …

sevenluxuryrealestate.com

24%
OFF

Dubai Realty Market Records 24% Surge In Value - News - Khaleej …

3 weeks from now

1 day ago · Dubai realty market records 24% surge in value The market registers approximately 14,238 transactions, marking a significant 23 per cent increase compared to January 2024

khaleejtimes.com

FAQs about Dubai: Luxury property sales increase; market listings drop as … Coupon?

Does Arabian Post -Dubai have a real estate market?

Arabian Post -Dubai’s real estate sector is showing remarkable growth, with off-plan property sales dominating the market. A new report from Engel & Völkers Middle East reveals that off-plan transactions now account for 63 percent of all property sales in 2024, marking a significant increase from 54 percent in 2023. ...

How many homes have been sold in Dubai in 2024?

The total residential sales in Dubai have experienced a substantial rise, jumping by 40.3 percent year-on-year. In 2024 alone, 170,992 units have been sold, surpassing the number of transactions recorded throughout 2020 by more than five times. ...

How strong is Dubai as a real estate global hub?

Farooq Syed, CEO of Springfield Properties, said Dubai is consistently demonstrating its strength as a real estate global hub. “This quarter has been one of the most dynamic periods we’ve seen in the past year, with substantial year-on-year growth in both transaction values and volumes. ...

What is the most sought-after area in Dubai?

The Knight Frank report showed palm tree-shaped artificial island Palm Jumeirah was the most sought-after area, recording 21 sales of homes worth $10 million or more in the second quarter, accounting for 26% of sales in the period. It was followed by Emirates Hills with 10% and the District One area with 7.8% of such deals. ...

How much did Dubai sell in the second quarter?

Sales of properties worth $25 million or more jumped 25% in the second quarter compared with the first three months of the year to a total of 15 homes. Last year Dubai ranked first globally for the number of home sales above $10 million, selling nearly 80% more such properties than second-placed London. ...

Is Dubai a good place to invest in real estate?

“Dubai’s real estate market is on track for sustained growth, supported by strategic infrastructure projects and increasing demand from high-net-worth individuals. The market’s appeal lies in its business-friendly environment and robust development pipeline, making it a preferred choice for global investors. ...