Dubai September 2024: The Official Sales Price Index
• The overall monthly Index recorded 1.678 and an index price of AED 1,528,835.
• Apartments monthly Index recorded 1.835 and an index price of AED 1,495,374.
• Villas/Townhouses monthly Index recorded 1.824 and an index price of AED 3,094,811.
• Overall quarterly Index recorded 1.732 and an index price of AED 1,555,539.
• Apartments quarterly Index recorded 1.870 and an index price of AED 1,515,558.
• Villas/Townhouses quarterly Index recorded 1.814 and an index price of AED 3,079,749.
• Apartments monthly Index recorded 1.835 and an index price of AED 1,495,374.
• Villas/Townhouses monthly Index recorded 1.824 and an index price of AED 3,094,811.
• Overall quarterly Index recorded 1.732 and an index price of AED 1,555,539.
• Apartments quarterly Index recorded 1.870 and an index price of AED 1,515,558.
• Villas/Townhouses quarterly Index recorded 1.814 and an index price of AED 3,079,749.
Key Findings:
• September 2024 had 18,050 transactions worth AED 44.621 billion.
• Year-on-year increase in sales volume by 33.1%, and an increase in sales value by 18.1%.
• 34.5% of sales transactions were in the secondary/ready market, and 65.5% were off-plan in terms of volume.
• Q3 2024 had 50,439 transactions worth AED 141.979 billion.
• Year-on-year increase in sales volume by 38.2% and 30.1% in terms of value in Q3 2024.
• In Q3 2024, 37% of sales transactions were in the existing/ready market, and 63% were off-plan.
• Year-on-year increase in sales volume by 33.1%, and an increase in sales value by 18.1%.
• 34.5% of sales transactions were in the secondary/ready market, and 65.5% were off-plan in terms of volume.
• Q3 2024 had 50,439 transactions worth AED 141.979 billion.
• Year-on-year increase in sales volume by 38.2% and 30.1% in terms of value in Q3 2024.
• In Q3 2024, 37% of sales transactions were in the existing/ready market, and 63% were off-plan.
