Key Highlights:

• Significant Transaction Value:
  • The total value of real estate transactions reached substantial figures, exceeding AED 51.1 billion.
  • This reflects a significant increase compared to February 2024, showcasing strong market momentum.
• Increased Transaction Volumes:
  • The number of property transactions also saw a notable rise, with figures reaching over 16,000 transactions.
  • This indicates a high level of activity and strong demand within the Dubai real estate market.
• Off-Plan Market Strength:
  • The off-plan sector continued to be a major driver, with a large portion of the total transaction value attributed to off-plan sales.
  • Off-plan sales values reached in the region of AED 19.73 Billion.
  • Off plan sales accounted for a large portion of total sales.
• Ready Market Growth:
  • The ready market also saw growth, showing increases in both the number of transactions and the total transaction value.
• Breakdown of property transactions:
  • Apartments, villas, and commercial properties all contributed to the overall increase in sales.
  • There was a noted increase in demand for furnished properties.

Key Numbers:

• Total Real Estate Sales: Over AED 51.1 billion.
• Total Transactions: Over 16,000.
• Off plan sales values reached in the region of AED 19.73 Billion.

These figures indicate a robust and thriving real estate market in Dubai, with continued strong investor confidence and high demand across various property segments.