- News
- Villa market has exceeded market peaks of 2021 over 100%
Dubai villa market has exceeded market peaks of 2021 over 100%
– According to the ValuStrat Index (VPI)
Starting from 2024, January 2021 became the new baseline for calculations instead of Q1 2014
Compared to February 2024, VPI rose by 2.1%:
For Villas rose by 2.4%
For Apartments rose by 1.9%
Compared to March 2023, VPI increased by 24.7%:
For Villas increased by 29.6%
For Apartments increased by 20.1%
Sales Volume
Ready dropped by 0.5%
Off-plan rose 14%
Areas with the highest annual capital gains:
Villas
Palm Jumeirah – 37,7%
Jumeirah Islands – 37.7%
Dubai Hills Estate – 34.8%
Mudon – 30.2%
Arabian Ranches – 29.2%
Apartments
Discovery Gardens – 32.6%
The Greens – 29.8%
Palm Jumeirah – 29%
The Views – 24.8%
Town Square – 24.5%
Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.