The property market in Dubai continues to show growth. According to the Dubai Land Department (DLD), 17,503 deals worth $11.8bn were concluded in September 2024. Compared to September 2023, the volume of deals increased by 113% and their value increased by 68%. At the same time, 36% of deals (6,227 deals worth $5.5bn) were completed properties, while 64% (11,276 deals worth $6.3bn) were under construction.
The market is showing rapid growth in the under-construction property segment, with the number of transactions up 325% and their total value up 262% year-on-year. If you are wondering if you can buy property in Dubai, the answer is definitely, and it can be a lucrative investment.
Top projects of the month in terms of sales
Flats:
Address Residences Dubai Hills Estate - $188 million
Address Residences Dubai Creek Harbour - $169 million
Golf Point - $168 million (the project with the highest number of sales)
Club Place - $157 million
360 Riverside Crescent - $109 million
Villas and townhouses:
Riverside - $417 million (the project with the most sales)
Athlon by Aldar - $174 million
Amali Island - $145 million
Venera, The Valley 2 - $106 million
Greenway 2 - $103 million
