Daily Property Market Sales Overview in Dubai
Total Sales Value and Volume
The total sales value for the day in Dubai amounted to 1.1 billion AED with a transaction volume of 215. This indicates a robust market activity and considerable investment interest in the region.
The Most Prominent Transactions
The most prominent transactions included properties in Al Merkadh and Nadd Hessa regions, with several apartments selling for close to a million AED each. These transactions highlight the demand for residential properties in prime locations.
The Most Expensive Properties Sold
The most expensive properties sold were primarily apartments in various regions, with prices ranging from 980K to 922.9K AED. The sale of these high-value properties underscores the luxury segment's strength within the Dubai property market.
Sale Summary
The sale summary showcased a mix of primary market apartments and villas by developers like Peace Homes, Danube, and Binghatti Hills. Additionally, resale properties and plots also saw notable transactions, indicating a diverse range of investment opportunities for buyers.
New Projects
Several new projects were launched, including Vida Residences Club Point, Porto View, and Luminar Tower 2. These projects offer additional options for buyers and contribute to the continuous growth and development of the property market in Dubai.
Overall Review: The daily property market sales overview in Dubai on 3 January 2025 showcased a total sales value of 1.1 billion AED from 215 transactions. The most expensive property sold was a 980K AED apartment in Al Merkadh. With new projects being launched and a diverse range of properties changing hands, the market continues to display resilience and attractiveness to investors.