Dubai Real Estate Market in September 2024

Dubai Real Estate Market in September 2024

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  • Dubai Real Estate Market in September 2024

Last Month Bestseller Projects 

According to the Dubai Land Department data:

– In September 2024, 17,503 property transactions worth $11,8 billion were completed in Dubai. 

Property deals show 113% volume rose and 68% value increased compared to September 2023. 

36% – 6,227 transactions worth $5.5 billion – Existing Properties

64% – 11,276 transactions worth $6.3 billion – Off-plan Properties 

Compared to September 2023:

  • Existing properties – volume rose by 12%, the value increased by 2%
  • Off-plan properties – volume rose by 325%, the value increased by 262%

TOP 5 Residential Projects by Sales Value 

Apartments

1️. Address Residences Dubai Hills Estate – $188 million

2️. Address Residences Dubai Creek Harbour – $169 million

3️. Golf Point – $168 million

4️. Club Place – $157 million

5️. 360 Riverside Crescent – $109 million

Villas and Townhouses

1️. Riverside – $417 million

2️. Athlon by Aldar – $174 million

3️. Amali Island – $145 million

4️. Venera, The Valley 2 – $106 million

5️. Greenway 2 – $103 million

1st Place by Sales Volume

  • Apartments – Golf Point 
  • Villas and Townhouses – Riverside
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