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Monthly Report | Dubai Real Estate Market – Residential | December 2023

2024-01-23T13:28:11+00:00

In the month of December 2023, the total number of residential transactions amounted to 4,997, marking a notable 37% decrease when compared to the previous month's figures. This decline was particularly pronounced in the off-plan transactions segment, showcasing a significant and noteworthy 65% month-on-month decrease. On the other hand, transactions involving ready properties experienced a 14% decrease during this period.

Monthly Report | Dubai Real Estate Market – Residential | December 20232024-01-23T13:28:11+00:00

Dubai Residential Market Report – Week 1, January 2023

2024-01-10T07:16:51+00:00

During the 1st week (29th December 2023 – 04th January) of January 2024, Dubai's real estate market faced a downturn, witnessing a 13% decline in residential transactions compared to the previous week 52 of December 2023  totalling 646. However, this led to a significant 29% rise in the overall transaction value, amounting to AED 1.73 billion.

Dubai Residential Market Report – Week 1, January 20232024-01-10T07:16:51+00:00

Dubai Residential Market Report – Week 52, December 2023

2024-01-02T12:56:35+00:00

During the 52nd week, Dubai's real estate market faced a downturn, witnessing a 33% decline in residential transactions as compared to previous weeks, totalling 741. This led to a significant 50% reduction in the overall transaction value, amounting to AED 1.34 billion. 

Dubai Residential Market Report – Week 52, December 20232024-01-02T12:56:35+00:00

Dubai Residential Market Report – Week 51, December 2023

2023-12-26T13:22:12+00:00

In the 51st week, Dubai's real estate market observed a marginal downturn, witnessing a 10% decrease in residential transactions, totalling 1,102. This decline exerted an impact on the overall transaction value, which experienced an 18% reduction compared to the previous week, amounting to AED 2.69 billion.

Dubai Residential Market Report – Week 51, December 20232023-12-26T13:22:12+00:00

Weekly Report 50 | Dubai Real Estate Market – Residential, December 2023

2023-12-18T13:14:08+00:00

Dubai's real estate market witnessed a marginal surge in the 50th week, recording 3% increase in residential transactions, totaling 1,223. This surge had a substantial impact on the overall transaction value, increasing by 42% to AED 3.28 billion.

Weekly Report 50 | Dubai Real Estate Market – Residential, December 20232023-12-18T13:14:08+00:00

Why and Who Needs Valuation? Property Valuations for Financial Reporting.

2023-12-13T09:03:10+00:00

Property Valuations for Financial Reporting Purposes: Property valuations play a pivotal role in the landscape of financial reporting, serving as the cornerstone for precise and transparent representations of a company's asset portfolio. In this comprehensive guide, we delve into the significance, methodologies, and impact of property valuations on financial statements, elucidating their critical role in informed decision-making within the financial realm.

Why and Who Needs Valuation? Property Valuations for Financial Reporting.2023-12-13T09:03:10+00:00

Weekly Report | Dubai Real Estate Market – Residential | Week 49 – December 2023

2023-12-18T13:13:01+00:00

The number of transactions recorded in week 48 was notably low, primarily attributed to the holiday period. Only 72 transactions were registered during the 48th week. However, the subsequent week, week 49, exhibited a return to normalcy with a substantial increase in transactions.

Weekly Report | Dubai Real Estate Market – Residential | Week 49 – December 20232023-12-18T13:13:01+00:00

Dubai Residential Market Report – Monthly Reports, December 2023

2023-12-26T13:31:32+00:00

In the 51st week, Dubai's real estate market observed a marginal downturn, witnessing a 10% decrease in residential transactions, totalling 1,102. This decline exerted an impact on the overall transaction value, which experienced an 18% reduction compared to the previous week, amounting to AED 2.69 billion.

Dubai Residential Market Report – Monthly Reports, December 20232023-12-26T13:31:32+00:00

Property Valuation in Dubai: Importance & How to Request | Expert Guid 2023-24

2023-12-05T06:34:00+00:00

A property valuation is an assessment of your property’s value, based on the location, condition and segment of properties and multiple other factors. Your valuation will be carried out in person by a professional surveyor who will take notes and photographs, Property coordinates, nearby areas, etc… and then send you a valuation report.

Property Valuation in Dubai: Importance & How to Request | Expert Guid 2023-242023-12-05T06:34:00+00:00