Dubai Residential Sales Soar to Dhs72.6bn in Q3, Off-Plan Leads
Key facts
- Dhs72.6bn total sales in Q3
- 54% off-plan transactions
Dubai's residential real estate market recorded a robust Q3 2023, with total sales reaching Dhs72.6 billion. A significant portion of these transactions, 54%, were attributed to off-plan properties, indicating strong investor confidence in new developments. This surge in sales highlights a booming market, driven by both local and international buyers.