In Dubai, UAE, as off-plan sales continue to dominate the real estate market, the emergence of three new master communities in 2024 marks a significant expansion phase for the emirate. Key indicators reveal a 0.83% rise in prices in February, alongside a remarkable 30.4% surge in sales transaction volumes. Mid-tier price points, notably Dubai Maritime City, are gaining market share. Despite a slight decline in mortgage activity, loans for new purchases are strengthening, indicating enduring confidence in Dubai’s property market. Off-plan launches remain robust, with developers preparing for future developments.
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