REIDIN. 4 March 2019
In 2017, off-plan property sales contributed to around 64% of the total sales and was responsible for the real estate momentum in Dubai in 2017. However, the trend has changed in 2018 with off-plan sales contribution dropping down to 56%.
The uptick event in the ready properties market can be attested to the decline in sales prices across Dubai, as a result of falling sales prices, investors and end-users are seen taking advantage of this purchasing more affordable completed residential units.
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