Dubai November 2024: The Official Sales Price Index
• The overall monthly Index recorded 1.684 and an Index Price of AED 1,517,724.
• Apartments monthly Index recorded 1.838 and an Index Price of AED 1,496,866.
• Villas/Townhouses monthly Index recorded 1.782 and an Index Price of AED 3,176,321.
• Apartments monthly Index recorded 1.838 and an Index Price of AED 1,496,866.
• Villas/Townhouses monthly Index recorded 1.782 and an Index Price of AED 3,176,321.
Key Findings:
• November 2024 had 14,479 transactions worth AED 43.08 Billion.
• Year-on-year increase in sales transactions by 18.9%, and an increase in sales value by 1.7%.
• In terms of the volume of sales transactions, around 41% were in the secondary/ready market and 59% were in the off-plan market.
• Year-to-date, November 2024 witnessed a 36.3% increase in sales transactions in terms of volume and a 29.5% increase in terms of value compared to the same period in 2023.
• Year-on-year increase in sales transactions by 18.9%, and an increase in sales value by 1.7%.
• In terms of the volume of sales transactions, around 41% were in the secondary/ready market and 59% were in the off-plan market.
• Year-to-date, November 2024 witnessed a 36.3% increase in sales transactions in terms of volume and a 29.5% increase in terms of value compared to the same period in 2023.
