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Property Watch · Dubai
Dubai Property Watch Q2 2024
Dubai’s residential market accelerated in Q2 2024, with more than 39,000 transactions worth approximately AED 99.2 billion – up 37% and 38% year-on-year. Apartment and villa values grew 21% and 24% and rents rose 22% and 13%, while roughly 5,600 units were completed, 66% of them apartments. Land Sterling’s Q2 2024 Property Watch breaks down supply, demand, top-performing areas, capital values and rental trends across the city.
At a glance
What’s inside
- Q2 2024 snapshots: macro, residential and office indicators
- Supply: deliveries, pipeline and handover hotspots
- Demand: transaction volumes, values and buyer mix
- Top 5 performing areas
- Capital values and largest transactions
- Residential sales prices
- Rental trends and residential rent prices
Key numbers
39,000+Sales transactions
AED 99.2bnTransaction value
+21% / +24%Apartment / villa prices
5,600Units completed
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