Dubai's residential market saw AED 25.95bn in sales during July. Off-plan properties made up over 70% of transactions, highlighting strong investor interest in new projects and early entry opportunities.
Our retelling · details in the original publication
Dubai's residential real estate sector recorded AED 25.95bn in sales during July. This figure translates to $7.1bn, indicating robust market activity.
Off-plan properties dominated the landscape. They accounted for more than 70% of all transactions. Buyers clearly prefer purchasing units before completion to secure lower prices and potential capital appreciation.
This trend suggests continued confidence in the market's long-term growth. Investors are actively looking for opportunities in new developments rather than the secondary market.
Read the full report in the original publication.
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