Dubai property prices up 19.6% and rents climb 21.6% in past year
Dubai real estate sector sees near 59 per cent increase in off-plan sales
The Dubai real estate sector has seen sale prices increase more than 19 per cent and rents up by over 21 per cent in the past year, according to CBRE analysis.
The total volume of transactions in Dubai’s residential market stood at 11,328 in August 2023.
This is the second-highest monthly figure ever registered, up by 22 per cent compared to the previous year.
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Source: ArabianBusiness
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