🇦🇪 🌴 Dubai Real Estate Update (News From The Last 7 Days)

🇦🇪 🌴 Dubai Real Estate Update (News From The Last 7 Days)

- After nearly five years of continuous growth, signs are emerging that the Dubai property market may be entering a phase of correction. Oversupply of new apartments (≈ 93,000 units expected in 2025) and softening investor sentiment are leading to reduced flipping activity.

- Market activity remains strong in transaction numbers. In the week ending 19 September, ~4,000 deals closed, with a total value of AED 10.2 billion. Off-plan apartments are driving a rise in price per square foot.

- New developments continue to launch across Dubai, with offerings ranging from luxury villas (e.g. Selvara) to mid-market apartment projects (Azizi Abraham, Azizi David, Livia Residences). The Q4 pipeline promises further diversity in product, price point, and location.

- For stakeholders, developers, investors and property-buyers the message is: stay tuned. The market may be shifting. Strategic location, quality amenities, realistic pricing & flexible payment plans will likely define winners going forward.