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Property Watch · Dubai
Dubai Property Watch Q4 2024
Dubai closed 2024 with more than 48,000 residential transactions worth approximately AED 118 billion in Q4, up 46% and 30% year-on-year. Apartment and villa values grew 18% and 20% while rents rose 16% and 13%, and just under 25,000 units were completed across the year, 75% of them apartments. Land Sterling’s Q4 2024 Property Watch reviews supply, demand, top-performing areas, capital values, sales prices and rental trends, closing out a record year for the city.
At a glance
What’s inside
- Q4 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
48,000+Sales transactions
AED 118bnTransaction value
+18% / +20%Apartment / villa prices
~25,000Units completed in 2024
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