Dubai Real Estate: Cooling Down After a Boom?
Dubai’s red-hot real estate market might be showing signs of stabilization. After four years of continuous growth, January 2025 saw a slight price dip of 0.57%, the first since mid-2022, according to Property Monitor.
Despite this, January broke records for sales volume with 14,413 transactions. However, this was down 4.6% from December, and average prices fell to Dhs1,484 per square foot.
Key takeaways:
- Price Decline: A potential shift towards market stabilization.
- Strong Sales: January’s sales volume was the highest ever for the month.
- Off-Plan Activity: 53 new projects launched, adding 12,400 units, though off-plan sales slowed compared to the previous month.
- Mortgage Rise: Mortgage transactions increased by 6.8% month-on-month.
- Market Outlook: Experts suggest a potential transition from rapid growth to a more sustainable pace, with supply and demand balance being crucial.
While the market saw a record-breaking 2024, the slight January dip signals a potential change. Keep an eye on Dubai’s real estate, as 2025 could bring a more balanced market.
Hmm is anyone else experiencing problems with the images on this blog loading? I’m trying to find out if its a problem on my end or if it’s the blog. Any feedback would be greatly appreciated.
**mind vault**
mind vault is a premium cognitive support formula created for adults 45+. It’s thoughtfully designed to help maintain clear thinking
**breathe**
breathe is a plant-powered tincture crafted to promote lung performance and enhance your breathing quality.
I’ve been absent for a while, but now I remember why I used to love this site. Thank you, I will try and check back more often. How frequently you update your website?
It is appropriate time to make some plans for the future and it is time to be happy. I’ve learn this publish and if I may just I want to suggest you few attention-grabbing things or suggestions. Maybe you could write next articles regarding this article. I desire to learn even more issues approximately it!
What a comprehensive overview.
I was just searching for this info for some time. After six hours of continuous Googleing, at last I got it in your site. I wonder what is the lack of Google strategy that do not rank this kind of informative sites in top of the list. Generally the top web sites are full of garbage.