Dubai's real estate market saw a 50% increase in residential handovers in Q3 2024 with 8,100 units delivered, particularly in the apartment segment. In Q4, 14,900 homes are expected including 11,800 apartments and 3,100 villas. Some deliveries may extend into 2025.

Asteco's report highlights strong market conditions due to government infrastructure investments and economic growth. Rental prices rose by 3% for apartments and 2% for villas partly due to updates in the RERA rental index. Sales prices also increased with apartments up by 3% and villas by 4%.

Off-plan property demand remains strong fueled by attractive payment plans. The office market especially for Grade A and B+ properties saw significant growth, with a 5% quarterly and 21% annual increase in prices.