Dubai’s real estate market witnessed an extraordinary surge in January 2024, achieving record-breaking sales totaling Dh35.4 billion. This remarkable performance sets a positive tone for the sector in 2024, fueled by the continuous growth in demand for off-plan properties and the momentum carried over from the previous year.
In comparison to January 2023, January 2024 marked a substantial 27% increase in sales, reaching Dh27.9 billion, indicating a consistent upward trajectory in recent years.
According to data from Property Finder, the number of recorded sales transactions surged by 17% year-on-year, surpassing 11,000 transactions, compared to 8,712 transactions in January 2023.
