DUBAI REAL ESTATE Market
Overview Q3 2019
Off-plan Sales transactions contributed around 59% of the overall sales activity in the first 9 months of this year. Even though the number of new launches has reduced this year the off-plan segment can be seen holding ground, mainly due to incentives offered by Developers.
On a quarterly basis, the volume & value of off-plan residential transactions have increased by 15% and 12% respectively. In the secondary market, the volume of transactions has increased by 16% while no significant changes can be seen in the value of transactions.