Q3 2024 Residential Market Report | Betterhomes

Another Record-Breaking Ride!

Q3 2024 has been an exciting time for Dubai’s real estate market with 47,359 sales transactions totalling AED 117.59 billion and sales volume surged by an impressive 41% year-on-year. Off-plan sales are leading the way, making up 66% of all transactions, driven by flexible payment plans and strong future value potential. On the supply side, 19,540 units have been delivered so far, with over 29,000 more expected in Q4.

Dubai’s skyline is rapidly evolving, with areas like JVC, Business Bay, and MBR City becoming hotspots for new residential supply and off-plan projects. Villa and townhouse sales are also gaining momentum, with The Valley and Emaar South emerging as top contenders.

Prices are climbing, too! Villa prices in Dubai Hills Estate and Jumeirah Park have risen over 26%, and apartment prices in Dubai Silicon Oasis shot up by 26.6%.

As we wrap up the year, it’s evident that Dubai's magnet for investors and homebuyers is at an all-time high. The buyer profile at Betterhomes is predominantly composed of investors (67%) tapping into Dubai's promise of high returns and rising property values.

Get The Latest Insights

In our comprehensive Q3 Residential Market report, you'll find all the latest real estate insights including: 

• Upcoming Residential Supply

• Newly Launched Projects

• Total Sales Transactions

• Luxury Market

• Total Rental Transactions

Download The Full Report Now:

Q3 2024 Residential Market Report | Betterhomes