Key Highlights 

• Dubai's real estate market is poised for another strong performance in the 2024/2025 season, with robust sales, rising property values,
 and quick inventory turnover fueling continued growth.

 • October 2024 marked yet another record-breaking month, as the year has consistently set new benchmarks. In October alone, property
 sales hit an impressive AED 46.52 billion-an increase of 55% year-on-year.

 • Demand remains robust, with 19,500 property transactions recorded in October, up 72% from the same period last year, reinforcing
 Dubai's global reputation as a dynamic real estate hub.

 • Property values continue to rise steadily, with the average price per square foot reaching AED 1,570.

 • Throughout 2024, Dubai's developers have added significant new supply to meet demand, delivering 21,538 residential units with an
 additional 25,013 expected by year's end, bringing total new supply to 46,551 units.

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