Residential Market Research -Dubai (September 2024)
Mousa Radwan (MSc,PMP,CFM,MRICS candidate )
Assets Managment - Property Management- Facility Management- Hotels & Resorts Process Engineering- Quality Management- Sales and Marketing- Operational Audits- Digital Transformation- Sustainability
ValuStrat Price Index - Dubai Residential Market Summary (September 2024)
Overview: The ValuStrat Price Index (VPI) for Dubai's residential market shows positive growth in capital values for September 2024, with a 2.1% monthly increase and a remarkable 28.9% increase year-on-year. The index reached 190.1 points, slightly down from 2.2% growth in August. Villas and apartments have seen different growth rates, with villas at 243.2 points and apartments at 155.4 points.
Key Highlights:
Conclusion: Overall, Dubai's residential market remains robust, characterized by a healthy mix of off-plan and ready home sales, with significant year-on-year growth across various property types and locations. The report emphasizes the positive trend in capital values while highlighting the competitive landscape among developers.
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