By Unrealty

Article

Dubai’s Secondary Property Market Shows Early Signs of Recovery as Home Sales Rise 25%

Dubai’s Secondary Property Market Shows Early Signs of Recovery as Home Sales Rise 25%

Dubai’s established property market is showing renewed momentum, with secondary home sales rising 24.6% across July and August compared with the previous two months.

The increase comes as activity returns across established communities, pointing to early signs of recovery after a softer period for the resale market.
What makes this shift worth watching is where the activity is happening. Rather than growth being driven solely by new launches and off-plan demand, more transactions are moving through Dubai’s existing housing stock.

Adding another layer to a market that remains heavily influenced by off-plan sales, while suggesting demand for completed homes is beginning to strengthen again. Recent data also showed prices rising across 81% of Dubai communities, alongside a broader recovery in transaction activity.

The next few months will show whether this momentum develops into a more sustained recovery across Dubai’s secondary market.

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Originally posted on LinkedIn