THE REAL ESTATE TRANSACTIONS – NOVEMBER 2024
Dubai Records AED 40.47 Billion in Weekly Real Estate Deals, Projects 30% Growth by 2024
Dubai logs over a total of 13,725 real estate transactions worth AED 40.47 Billion were conducted during the week ending 30th November 2024, according to figures released by the Dubai Land Department (DLD).
HIGHLIGHTS – NOVEMBER 2024
✓ Total Property Sale Transactions – 13,725
✓ Total Sales Value – AED 40.47 B
✓ Off-Plan Units – 7,964
✓ Ready Units – 5,761
Dubai’s real estate transactions are projected to grow by 30% year-on-year by the end of 2024, driven by record-breaking sales, prices, and mortgages, according to a real estate intelligence report. The market’s rapid growth reflects strong investor confidence and reinforces Dubai’s global prominence. Milestones continue to be reached, showcasing the resilience of the property sector. Experts predict the year will close with significant sales growth and cautious optimism for further expansion into 2025. Dubai remains a dominant force in the global real estate landscape.
Dubai’s real estate transactions are projected to grow by 30% year-on-year by the end of 2024, driven by record-breaking sales, prices, and mortgages, according to a real estate intelligence report. The market’s rapid growth reflects strong investor confidence and reinforces Dubai’s global prominence. Milestones continue to be reached, showcasing the resilience of the property sector. Experts predict the year will close with significant sales growth and cautious optimism for further expansion into 2025. Dubai remains a dominant force in the global real estate landscape.