Dubai Real Estate Market in June 2024

Last Month Bestseller Projects 

According to the Dubai Land Department data, in June 2024, 14,209 property transactions worth $12.4 billion were completed in Dubai. 

Property deals show 36% volume increased and 50% value rose compared to June 2023. 

44% – 6,258 transactions worth $7.96 billion – Existing Properties

56% – 7,951 transactions worth $4.47 billion – Off-plan Properties 

Compared to June 2023:

– Existing volume increased by 19%, the value rose by 66%

– Off-plan volume increased by 54%, the value rose by 28%

TOP Residential Projects by Sales Value 

– Apartments:

1. Bayz 101 by Danube – $187 million 

2. Sobha One – $171 million

3. Valo – $142 million 

4. Riwa – $104 million 

5. Burj Binghatti Jacob & Co Residences – $99 million

– Villas and Townhouses:

1. Greenway – $153 million

2. Haven by Aldar – $107 million

3. Nad Al Sheba Gardens – $106 million

4. South Bay 5 Premium – $83 million 

5. The Lakeshore Villas by Ellington – $27 million

1st Place by Sales Volume

Apartments – Bayz 101 by Danube 

Villas and Townhouses – Greenway