UAE Living Market Dynamics, Q2 2024

Strong growth in sales transactions was recorded. Indeed, according to the latest data from the Dubai Land Department, Dubai experienced a noteworthy 28% increase in value and a 34% rise in the volume of residential sales transactions from H1 2023 to H1 2024.

The first half of 2024 witnessed a greater share of off-plan transactions in terms of value and volume, indicating strong investor confidence in the off-plan segment for residential properties.

The demand for villa properties remains resilient, leading to an upward trend in sale prices and rental rates across both emirates.