UAE Real Estate Market Report 2018
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.
Our annual review of the market consists of all aspects of real estate such as transaction analysis, price changes and supply numbers explained with decipherable infographics. Hope you enjoy reading!
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