DUBAI, UAE / PRESS RELEASE / February 19, 2025 / Dubai’s property sector closed 2024 on an unprecedented high, registering 15,096 real estate transactions worth $11.6 billion in December alone, as reported by the Dubai Land Department. This marks the most robust December performance since 2009, reinforcing Dubai’s stature as a premier global real estate hub.
Amidst a global slowdown in other major cities, Dubai continues to stand out with its resilience and upward trajectory. One of the leading real estate firms, known for guiding investors through Dubai’s dynamic property landscape, has played a pivotal role in helping buyers capitalize on the region’s flourishing opportunities.
Dubai Outshines Global Real Estate Giants
December 2024 witnessed a 34% surge in transaction volume and a 4% uptick in total market value compared to the same period in 2023. Meanwhile, other key property markets faced declines due to economic headwinds:
London: Real estate transactions dropped by 7% year-over-year due to economic uncertainty and fluctuating mortgage rates.
New York: The luxury property market saw a 12% decline in sales as interest rate fluctuations led to buyer hesitancy.
Hong Kong: Transactions declined by 15%, impacted by regulatory concerns affecting investor confidence.
Dubai’s sustained growth, despite financial uncertainties worldwide, has solidified its position as a leading investment destination. With market expertise, strategic insights, and exclusive listings, top real estate firms in Dubai continue to be key partners for investors seeking profitable ventures.
Key Drivers of Dubai’s Property Market Surge
Off-Plan Property Demand: Off-plan properties constituted 61% of all deals, with 9,165 sales amounting to $4.9 billion—reflecting a 53% year-over-year increase in volume.
Thriving Secondary Market: Dubai recorded 5,931 transactions in existing properties, with a total value of $6.7 billion, marking a 12% rise in volume and a 5% growth in value.
Best-Selling Developments:
Apartments: Binghatti Skyrise emerged as the top performer, generating $200 million in sales.
Villas & Townhouses: Velora, The Valley 2 led the segment with $140 million in sales.
Investor-Centric Regulations: Dubai’s investor-friendly policies, visa incentives, and tax benefits continue to attract high-net-worth individuals and institutional investors alike.
Expert Guidance for Investors
As a distinguished name in the Dubai property market, one of the top-performing real estate firms remains committed to guiding investors toward lucrative opportunities. By providing tailored investment strategies and access to exclusive properties, the firm ensures clients stay ahead of emerging market trends.
“We are witnessing extraordinary demand from both local and international investors. Dubai’s property market is not just outpacing other global cities—it is setting new benchmarks for stability and returns,” said a senior representative of a leading real estate company.
With Dubai’s property sector poised for continued expansion, industry experts remain dedicated to offering investors invaluable insights, premium opportunities, and a streamlined property acquisition experience.
About Dubai’s Real Estate Leaders
Dubai’s top real estate companies specialize in luxury, off-plan, and high-value property investments. With an outstanding track record of success and an unwavering commitment to client satisfaction, these firms continue to shape the future of Dubai’s thriving property sector.
