{"id":12949,"date":"2025-01-03T13:35:00","date_gmt":"2025-01-03T12:35:00","guid":{"rendered":"https:\/\/dubairealestate.net\/?p=12949"},"modified":"2026-07-02T11:37:34","modified_gmt":"2026-07-02T09:37:34","slug":"property-in-dubai-december-2024","status":"publish","type":"post","link":"https:\/\/dubairealestate.net\/en\/chiffres-immobiliers\/immobilier-a-dubai-decembre-2024\/","title":{"rendered":"Dubai property figures: December 2024"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Dubai\u2019s property market ended 2024 with impressive results in December. This performance underlines Dubai\u2019s resilience and continued appeal as a global investment hub. High demand in the residential and off-plan segments, combined with a rise in average prices, reflects increased confidence among investors and buyers.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Strong growth in transaction volumes and values<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In December 2024, the market recorded&nbsp;<strong>15,130 transactions<\/strong>, marking an increase of&nbsp;<strong>37,3 %<\/strong>&nbsp;compared with December 2023. These transactions generated a total value of&nbsp;<strong>AED 42.7 billion<\/strong>, up by&nbsp;<strong>5,1 %<\/strong>&nbsp;year-on-year. These figures illustrate the strength of the market and the growing interest of international investors in Dubai.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The average price per square foot reached&nbsp;<strong>1,565 AED<\/strong>, showing an increase of&nbsp;<strong>8,6 %<\/strong>&nbsp;compared with the previous year, which reflects the continued rise in the value of residential and commercial properties.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Analysis of the main segments<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Flats<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Flats accounted for the majority of transactions in December, representing approximately&nbsp;<strong>77 %<\/strong>&nbsp;of total sales. With&nbsp;<strong>11,615 units sold<\/strong>, the segment recorded an increase of&nbsp;<strong>40 %<\/strong>&nbsp;in volume compared with December 2023, with a total value of&nbsp;<strong>AED 20.9 billion<\/strong>. Working-class areas such as&nbsp;<strong>Dubai Marina<\/strong>,&nbsp;<strong>Downtown Dubai<\/strong>, and&nbsp;<strong>Jumeirah Village Circle<\/strong>&nbsp;remain key destinations for buyers and investors looking for well-located, modern properties.<\/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 also performed strongly, with&nbsp;<strong>2,441 transactions<\/strong>, up by&nbsp;<strong>23,5 %<\/strong>&nbsp;compared with the previous year. The total value of villa sales reached&nbsp;<strong>AED 11.4 billion<\/strong>, confirming the consistent demand for spacious properties in upmarket areas such as&nbsp;<strong>Palm Jumeirah<\/strong>&nbsp;and&nbsp;<strong>Dubai Hills Estate<\/strong>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Commercial properties<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Although they account for a smaller share of the market, sales of commercial properties totalled&nbsp;<strong>334 transactions<\/strong>, with a significant year-on-year increase. This segment continues to attract investors seeking stable returns.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Performance of the off-plan segment<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Off-plan sales maintained their momentum in December, attracting investors thanks to flexible payment plans and opportunities for capital gains. Emerging areas such as&nbsp;<strong>Mohammed Bin Rashid City<\/strong>&nbsp;and&nbsp;<strong>Dubai Creek Harbour<\/strong>&nbsp;have seen increased demand, reflecting the growing interest in modern developments in well-planned communities.<\/p>\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 appeal<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The United Arab Emirates\u2019 favourable tax policy, combined with incentives such as long-term visas for investors, continues to attract international buyers. The absence of income tax and stable economic conditions further enhance Dubai\u2019s appeal as an investment destination.<\/p>\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 expansion of the underground and the development of new residential neighbourhoods, increase connectivity and improve quality of life, thereby enhancing the city\u2019s appeal to residents and investors.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Growing demand for luxury properties<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The luxury property sector has seen strong demand, with record sales in areas such as&nbsp;<strong>Palm Jumeirah<\/strong>. These properties continue to attract a wealthy clientele keen to own prestigious homes in a stable and promising 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\">With such a strong end to the year, the outlook for 2025 looks promising. Demand for luxury and off-plan properties is expected to continue to grow, driven by international investors and expatriates seeking economic stability. Average prices are also expected to rise in popular areas, whilst developments in up-and-coming areas will offer attractive opportunities for first-time buyers.<\/p>\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\">December 2024 marks a remarkable conclusion to the Dubai property market. With rising transaction volumes, sustained demand and constantly improving infrastructure, Dubai remains a must-visit destination for investors and buyers. This dynamism, combined with a favourable economic climate, places the emirate at the forefront of the world\u2019s most attractive property markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether it\u2019s modern flats, luxury villas or innovative off-plan developments, Dubai continues to offer exceptional opportunities for those looking to invest in a rapidly expanding market.<\/p>","protected":false},"excerpt":{"rendered":"<p>Le march\u00e9 immobilier de Duba\u00ef a conclu l\u2019ann\u00e9e 2024 avec des r\u00e9sultats impressionnants en d\u00e9cembre. Cette performance souligne la r\u00e9silience et l\u2019attrait continu de Duba\u00ef comme hub d\u2019investissement mondial. La demande \u00e9lev\u00e9e dans les segments r\u00e9sidentiel et hors-plan, combin\u00e9e \u00e0 une augmentation des prix moyens, refl\u00e8te une confiance renforc\u00e9e des investisseurs et des acheteurs. Une [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-12949","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\/12949","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=12949"}],"version-history":[{"count":1,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12949\/revisions"}],"predecessor-version":[{"id":12951,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/12949\/revisions\/12951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media\/12950"}],"wp:attachment":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media?parent=12949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/categories?post=12949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/tags?post=12949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}