Dubai's real estate market showed resilience in November 2024 with AED 30.53 billion in total sales across 12,543 transactions. Apartments led the market accounting for 10,552 deals worth AED 19.27 billion.

The off-plan sector also performed strongly with 7,537 transactions totaling AED 15.84 billion. Key areas like Business Bay, Downtown Dubai and Palm Jumeirah continued to attract high-net-worth buyers while emerging areas like Dubai South gained traction due to competitive pricing.

The rental market also showed strength with a 20.8% rise in average annual rents reaching AED 90,288, highlighting strong demand for quality rental properties. Dubai’s ongoing urban development and strategic initiatives including the 2033 Real Estate Strategy and 2040 Urban Master Plan are expected to drive further growth, supported by a growing population and sustained investor confidence.