In the fourth quarter (Q4) of 2023, the Dubai real estate market experienced a remarkable performance, particularly in residential capital gains, reaching a decade-high. According to the ValuStrat Price Index (VPI), there was a significant year-on-year (YoY) increase of 19.9 percent, reaching an impressive 103.1 points. Additionally, this translates to a quarter-on-quarter (QoQ) increase of 6.7 percent.
The VPI utilizes ValuStrat’s proprietary research and valuations to track the latest price fluctuations in the real estate sector.
