{"id":12822,"date":"2024-10-03T19:12:00","date_gmt":"2024-10-03T17:12:00","guid":{"rendered":"https:\/\/dubairealestate.net\/?p=12822"},"modified":"2026-07-02T11:37:45","modified_gmt":"2026-07-02T09:37:45","slug":"property-in-dubai-september-2024","status":"publish","type":"post","link":"https:\/\/dubairealestate.net\/en\/chiffres-immobiliers\/immobilier-a-dubai-septembre-2024\/","title":{"rendered":"Dubai property figures: September 2024"},"content":{"rendered":"<h2 class=\"wp-block-heading\">Detailed analysis of the Dubai property market: performance in September 2024<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Dubai\u2019s property market recorded exceptional growth in September 2024, reaching new highs in terms of both transaction volumes and total value. This remarkable performance underscores the emirate\u2019s strength as a global hub for property investors. Driven by increased demand for residential, off-plan and rental properties, Dubai continues to attract both local and international investors. This detailed report explores the key figures, market trends and outlook for the coming months.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A record month for the property market<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Transactions and total value<\/strong><br>In September 2024, Dubai recorded&nbsp;<strong>18,045 property transactions<\/strong>, marking an impressive increase of&nbsp;<strong>32,7 %<\/strong>&nbsp;compared with the same month in 2023. The total value of transactions reached&nbsp;<strong>AED 44.6 billion<\/strong>, reflecting growth of&nbsp;<strong>17,9 %<\/strong>. This exceptional performance is driven by strong demand in several key segments, notably luxury properties and off-plan developments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Annual comparison<\/strong><br>Compared with September 2023, transaction volumes have risen significantly, driven by growing interest from international investors and favourable government initiatives, such as long-stay visas and tax incentives.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Analysis of key segments<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">Residential properties<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Residential properties, including villas, townhouses and flats, continue to dominate the market.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Flats<\/strong>\u00a0: With\u00a0<strong>14,167 transactions<\/strong>\u00a0with a total value of\u00a0<strong>AED 24.5 billion<\/strong>, this segment saw an increase of\u00a0<strong>35,5 %<\/strong>\u00a0in terms of volume compared with the previous year. The most popular areas include\u00a0<strong>Downtown Dubai<\/strong>,\u00a0<strong>Dubai Marina<\/strong>, and\u00a0<strong>Business Bay<\/strong>, where demand for modern, well-located flats remains strong.<\/li>\n\n\n\n<li><strong>Villas and townhouses<\/strong>\u00a0: This segment recorded\u00a0<strong>3,244 sales<\/strong>, representing an increase of\u00a0<strong>34,9 %<\/strong>, with a total value of\u00a0<strong>AED 14.6 billion<\/strong>. Upmarket neighbourhoods such as\u00a0<strong>Palm Jumeirah<\/strong>\u00a0and\u00a0<strong>Dubai Hills Estate<\/strong>\u00a0continue to attract buyers looking for luxury properties.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Off-plan projects<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The off-plan sales segment accounted for a significant share of the market, with&nbsp;<strong>12,470 units sold<\/strong>, representing a dramatic increase of&nbsp;<strong>40,5 %<\/strong>&nbsp;compared with September 2023. Innovative projects located in emerging areas such as&nbsp;<strong>Mohammed Bin Rashid City<\/strong>&nbsp;and&nbsp;<strong>Dubai South<\/strong>&nbsp;have attracted investors thanks to competitive prices and flexible payment options.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Rental market<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The rental market has also shown strong momentum, buoyed by a rise in rental demand driven by an influx of new residents. Average rents have risen by&nbsp;<strong>9 %<\/strong>, particularly in areas such as&nbsp;<strong>Dubai Marina<\/strong>&nbsp;and&nbsp;<strong>Jumeirah Village Circle<\/strong>, where rental yields are among the most competitive on the market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Prices per square metre and yields<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Average prices per square metre varied depending on the area and the type of property:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Downtown Dubai<\/strong>\u00a0:\u00a0<strong>1,539 AED per square metre<\/strong>, up by\u00a0<strong>7,8 %<\/strong>\u00a0compared with the previous year, thanks to increased demand for modern flats.<\/li>\n\n\n\n<li><strong>Palm Jumeirah<\/strong>\u00a0:\u00a0<strong>3 million AED<\/strong>\u00a0on average for villas, reflecting strong demand for seaside properties.<\/li>\n\n\n\n<li><strong>Jumeirah Village Circle (JVC)<\/strong>\u00a0:\u00a0<strong>800 AED per square metre<\/strong>, an affordable option for investors and tenants looking for well-located accommodation.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Key growth factors<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">International investments<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The United Arab Emirates remains one of the most attractive destinations for foreign investors, thanks to favourable policies such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The absence of income tax.<\/li>\n\n\n\n<li>Tax incentives for off-plan investments.<\/li>\n\n\n\n<li>Long-stay visas for property buyers and their families.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Infrastructure development<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Major projects such as the extension of the Blue Line on the underground and the construction of new bridges and roads have improved connectivity between residential and commercial areas, making them more attractive to buyers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Investor confidence<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The UAE government has boosted investor confidence through legislative reforms, economic stability and a business-friendly regulatory framework.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Outlook for the coming months<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Having achieved record performance in September 2024, the Dubai property market is expected to build on this momentum. Investors will continue to favour off-plan developments and luxury properties, whilst projects in emerging areas will offer attractive opportunities for buyers seeking high returns.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Key forecasts:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Continued growth in transactions in the residential and off-plan segments.<\/li>\n\n\n\n<li>A rise in average prices in sought-after areas, driven by strong demand and limited supply.<\/li>\n\n\n\n<li>Growth in the rental market, with attractive returns in strategic areas.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Conclusion<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Dubai property market in September 2024 demonstrates the emirate\u2019s resilience and vitality as a global investment hub. With growing demand, favourable policies and world-class infrastructure, Dubai continues to attract local and international investors, confirming its position amongst the world\u2019s most dynamic and promising property markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This environment offers exceptional opportunities for investors and buyers seeking returns and security in a rapidly expanding market.<\/p>","protected":false},"excerpt":{"rendered":"<p>Analyse d\u00e9taill\u00e9e du march\u00e9 immobilier de Duba\u00ef : performances de septembre 2024 Le march\u00e9 immobilier de Duba\u00ef a enregistr\u00e9 une croissance exceptionnelle en septembre 2024, atteignant de nouveaux sommets tant en termes de volumes de transactions que de valeur totale. Ces performances remarquables t\u00e9moignent de la solidit\u00e9 de l\u2019\u00e9mirat en tant que hub global pour [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-12822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chiffres-immobiliers"],"_links":{"self":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/comments?post=12822"}],"version-history":[{"count":1,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12822\/revisions"}],"predecessor-version":[{"id":12824,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12822\/revisions\/12824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media\/12823"}],"wp:attachment":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media?parent=12822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/categories?post=12822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/tags?post=12822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}