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DUBAI PROPERTY MARKET SOARS IN H1 – 2024!

Dubai Property Market Record Transaction: Soars to New Heights in H1 - 2024!

The Dubai property market soared to unprecedented heights in the first half of 2024, with total sales exceeding AED 230 billion. This significant achievement, marked by a Dubai property market record transaction, represents the highest H1 capital value growth in the Middle East, surpassing global cities like New York and Singapore. The robust performance reflects Dubai’s strategic urban planning and its appeal as a premier investment hub. The surge in sales is a testament to the city’s thriving real estate market, which continues to attract both local and international investors. As Dubai solidifies its reputation as a global real estate leader, its market is poised for even greater expansion.

⦿  6X THE VALUE OF 2020 (The market value in H1 2024 is six times greater than the sales value recorded in 2020)

⦿  TRIPLED VS 2021 (Compared to 2021, the market value has tripled)

⦿  DOUBLED VS 2022 (The value has doubled since 2022)

⦿  30% GROWTH VS 2023 (There is a 30% increase in sales value compared to 2023)

 

YEARLY SALES VALUE COMPARISON:

🔳  2020 – AED 31.66 Billion

🔳  2021 – AED 61.32 Billion (93.6% increase)

🔳  2022 – AED 114.35 Billion (86.6% increase)

🔳  2023 – AED 179.88 Billion (57.2% increase)

🔳  2024 – AED 232.76 Billion (29.4% increase)

 

This growth highlights Dubai’s booming real estate sector and unparalleled investment potential.

⦿  6X THE VALUE OF 2020 (The market value in H1 2024 is six times greater than the sales value recorded in 2020)

⦿  TRIPLED VS 2021 (Compared to 2021, the market value has tripled)

⦿  DOUBLED VS 2022 (The value has doubled since 2022)

⦿  30% GROWTH VS 2023 (There is a 30% increase in sales value compared to 2023)

 

YEARLY SALES VALUE COMPARISON:

🔳  2020 – AED 31.66 Billion

🔳  2021 – AED 61.32 Billion (93.6% increase)

🔳  2022 – AED 114.35 Billion (86.6% increase)

🔳  2023 – AED 179.88 Billion (57.2% increase)

🔳  2024 – AED 232.76 Billion (29.4% increase)

 

This growth highlights Dubai’s booming real estate sector and unparalleled investment potential.

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