Marketing

Dubai’s property market hits a new all-time quarterly sales record.

Dubai’s real estate market reached a record high in total sales value for Q3 2024, marking the highest ever for a single quarter. This surpasses the previous record set earlier this year and reflects significant year-on-year growth. A recent market update reported a substantial increase in total sales transactions compared to the previous quarter and year-over-year. Apartment sales dominated,...

UAE real estate market to reach highs of AED2.6 trillion by 2024: Report

The UAE real estate market is anticipated to reach a value of AED2.6 trillion by the end of next year, according to recent data from Statista. The extended growth is attributed to the interest of high-net-worth individuals (HNWIs), specifically their demand for luxury property investment in the city. In the first quarter of 2024, Dubai saw the sale of 105 luxury homes, bringing the city closer to...

The number of new investors in DFM in Q1 2024 reached 26,596

According to data released by the Dubai Financial Market (DFM), brokerage firms there opened 26,596 new investor accounts during the first quarter of 2024, up 103% from 13,112 accounts in the same period in 2023. The market has experienced notable growth since the announcement of the listing of governmental and semi-governmental companies. Notably, Parkin’s recent listing has added to the...

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