{"id":12913,"date":"2024-12-04T11:45:00","date_gmt":"2024-12-04T10:45:00","guid":{"rendered":"https:\/\/dubairealestate.net\/?p=12913"},"modified":"2026-07-02T11:37:37","modified_gmt":"2026-07-02T09:37:37","slug":"property-in-dubai-november-2024","status":"publish","type":"post","link":"https:\/\/dubairealestate.net\/en\/chiffres-immobiliers\/immobilier-a-dubai-novembre-2024\/","title":{"rendered":"Dubai property figures: November 2024"},"content":{"rendered":"<h3 class=\"wp-block-heading\">Comprehensive analysis of the Dubai property market: November 2024<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Dubai\u2019s property market maintained its momentum in November 2024, delivering strong performance and attracting a growing number of local and international investors. With a significant increase in transaction volumes and a steady rise in average prices per square metre, Dubai continues to establish itself as a prime global destination for property investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This detailed analysis examines the market\u2019s performance over the past month, focusing on key segments, emerging trends and the outlook for the future.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Overall performance in November 2024<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In November 2024, the property market recorded:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>14,484 property transactions<\/strong>, marking an increase of\u00a0<strong>18,5 %<\/strong>\u00a0compared with November 2023.<\/li>\n\n\n\n<li>A\u00a0<strong>total sales value<\/strong>\u00a0reaching\u00a0<strong>AED 43.1 billion<\/strong>, a slight increase of\u00a0<strong>1,8 %<\/strong>\u00a0compared with the previous year.<\/li>\n\n\n\n<li>A\u00a0<strong>average price per square foot<\/strong>\u00a0from\u00a0<strong>1,511 AED<\/strong>, representing an increase of\u00a0<strong>9,8 %<\/strong>\u00a0year-on-year, confirming the continued rise in the value of residential and commercial properties.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Analysis of key segments<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Flats<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The flats segment dominated the property market in November, accounting for more than&nbsp;<strong>79,6 %<\/strong>&nbsp;of total sales.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Total transactions<\/strong>\u00a0:\u00a0<strong>11,533 units sold<\/strong>, up by\u00a0<strong>39,3 %<\/strong>\u00a0compared with November 2023.<\/li>\n\n\n\n<li><strong>Total sales value<\/strong>\u00a0:\u00a0<strong>AED 21.1 billion<\/strong>, reflecting strong demand, particularly in sought-after neighbourhoods such as\u00a0<strong>Dubai Marina<\/strong>,\u00a0<strong>Downtown Dubai<\/strong>, and\u00a0<strong>Business Bay<\/strong>.<\/li>\n\n\n\n<li><strong>Average price per square foot<\/strong>\u00a0:\u00a0<strong>1,473 AED<\/strong>, an increase of\u00a0<strong>8,5 %<\/strong>, driven by demand for modern, well-located homes.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Buyers favour flats in areas offering fast transport links, modern infrastructure and high-quality services.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Villas and townhouses<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The villa segment has seen mixed results in terms of volume, but remains a key category for luxury properties.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Total transactions<\/strong>\u00a0:\u00a0<strong>2,205 units sold<\/strong>, down by\u00a0<strong>25,7 %<\/strong>, reflecting limited supply in certain upmarket neighbourhoods.<\/li>\n\n\n\n<li><strong>Total sales value<\/strong>\u00a0:\u00a0<strong>AED 12.1 billion<\/strong>, confirming the continued interest in spacious and exclusive properties in areas such as\u00a0<strong>Palm Jumeirah<\/strong>,\u00a0<strong>Dubai Hills Estate<\/strong>, and\u00a0<strong>Emirates Hills<\/strong>.<\/li>\n\n\n\n<li><strong>Average price<\/strong>\u00a0: Luxury villas in iconic neighbourhoods continue to fetch high prices, driven by a wealthy international clientele.<\/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\">Off-plan sales continue to be a major driver of growth for the property market.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Significant transactions<\/strong>\u00a0in emerging areas such as\u00a0<strong>Mohammed Bin Rashid City<\/strong>,\u00a0<strong>Dubai South<\/strong>, and\u00a0<strong>Dubai Creek Harbour<\/strong>.<\/li>\n\n\n\n<li>Buyers are drawn to these projects because of their competitive prices, flexible payment plans and long-term potential for capital appreciation.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Rental market<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Dubai\u2019s rental market continues to thrive thanks to growing demand from new residents and expatriates.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rent increases<\/strong>\u00a0: Average rents have risen by\u00a0<strong>9 %<\/strong>\u00a0compared with November 2023, particularly in areas such as\u00a0<strong>Jumeirah Village Circle (JVC)<\/strong>\u00a0and\u00a0<strong>Dubai Marina<\/strong>, where rental yields are among the most competitive on the market.<\/li>\n\n\n\n<li><strong>Attractive returns<\/strong>\u00a0: With rates of return of up to\u00a0<strong>7 % to 8 %<\/strong>, rental properties remain a favoured choice for investors.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Growth factors<\/h3>\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 continues to benefit from favourable policies, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Long-stay visas<\/strong>\u00a0: Offering benefits to investors and their families.<\/li>\n\n\n\n<li><strong>Favourable tax regime<\/strong>\u00a0: The absence of income tax and incentives for property buyers make Dubai an even more attractive destination.<\/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 infrastructure projects, such as the extension of the Blue Line on the underground and the construction of new bridges, are improving connectivity and making emerging areas more accessible.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Economic stability<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Dubai\u2019s political and economic stability, combined with proactive government initiatives, is bolstering investor confidence in the property market.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Outlook for 2025<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Dubai\u2019s property market appears well placed to continue growing in 2025.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Luxury properties<\/strong>\u00a0: Demand for high-end villas and flats is expected to continue to grow, driven by interest from international buyers.<\/li>\n\n\n\n<li><strong>Emerging areas<\/strong>\u00a0: Neighbourhoods such as\u00a0<strong>Al Furjan<\/strong>,\u00a0<strong>Meydan<\/strong>, and\u00a0<strong>Dubai South<\/strong>\u00a0are expected to attract investors looking for affordable properties with potential for capital growth.<\/li>\n\n\n\n<li><strong>Off-plan projects<\/strong>\u00a0: These projects will continue to be a priority for investors seeking long-term opportunities and flexible payment options.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Conclusion<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">November 2024 has confirmed the resilience and global appeal of Dubai\u2019s property market. With rising transaction volumes, sustained demand and competitive prices, Dubai continues to establish itself as one of the most dynamic destinations for property investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the emirate continues its efforts to improve its infrastructure and strengthen its economic environment, the market offers unrivalled opportunities for local and international investors and buyers. Whether seeking high rental yields or innovative off-plan projects, Dubai remains a global benchmark in the property sector.<\/p>","protected":false},"excerpt":{"rendered":"<p>Analyse compl\u00e8te du march\u00e9 immobilier de Duba\u00ef : novembre 2024 Le march\u00e9 immobilier de Duba\u00ef a poursuivi son \u00e9lan en novembre 2024, \u00e9tablissant de solides performances et attirant un nombre croissant d\u2019investisseurs locaux et internationaux. Avec une augmentation notable des volumes de transactions et une hausse continue des prix moyens au m\u00e8tre carr\u00e9, Duba\u00ef continue [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-12913","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\/12913","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=12913"}],"version-history":[{"count":1,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12913\/revisions"}],"predecessor-version":[{"id":12915,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12913\/revisions\/12915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media\/12914"}],"wp:attachment":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media?parent=12913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/categories?post=12913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/tags?post=12913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}