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- Real Estate Market in March 2024
Dubai Real Estate Market in March 2024
Last Month Bestseller Projects
According to the Dubai Land Department data:
– In March 2024, 13,839 property transactions worth $10.3 billion were completed in Dubai.
Property deals show 14% rising and 12% value increasing compared to March 2023.
43% – 5,901 transactions worth $5.8 billion – Existing Properties
57% – 7,938 transactions worth $4.5 billion – Off-plan Properties
Compared to March 2023:
– Existing volume rose by 2.9% (the value didn't change)
– Off-plan volume rose by 23.6%, the value increased by 32.3%
TOP Residential Projects by Sales Value
Apartments
- Address Residences Zabeel – $454 million
- Oceanz by Danube – $99.8 million
- Sobha One – $94.8 million
- 330 Riverside Crescent – $94.4 million
- Sobha SeaHaven – $93.6 million
Villas
- Bay Villas, Dubai Islands – $322 million
- Farm Gardens 2 – $215.7 million
- Sobha Reserve – $147 million
- Sobha Estate Villas – $63 million
- Park Greens, DAMAC Hills 2 – $66.7 million
1st Place by Sales Volume
Apartments – Address Residences Zabeel
Villas – Bay Villas, Dubai Islands
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