Dubai Real Estate: Week 52 Market Analysis
Manage episode 458167248 series 2279980
A Dubai real estate market report for the final week of 2024 details a 20.6% decrease in total transactions to AED 7.46 billion, compared to the previous week. Off-plan properties (59.5% of the total) significantly outperformed ready properties (40.5%), with flats dominating both categories. Business Bay consistently ranked as a top location for both off-plan and ready property transactions. The report attributes the decline to typical year-end market slowdown, while highlighting Dubai's continued appeal to investors.
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