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November 2024 Summary
Manage episode 454639917 series 2279980
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A November 2024 Dubai real estate market report reveals a total transaction value of AED 54 billion, down from AED 74.1 billion in October but slightly below November 2023 figures. Land transactions constituted a significant 38.7% of the total. The report details strong performances in both off-plan and ready properties, with Jumeirah Village Circle and Business Bay/Burj Khalifa areas particularly popular. Despite the month-on-month decrease, the report suggests a healthy market with continued investment across various property types and locations. The overall outlook indicates a period of consolidation and more selective investment.
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