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11/6/24, 5:22 PM Dubai property sales hit another record in October, with nearly 20,460 sales, says new Property Monitor report

Panaroma of Dubai skyline with Burj khalifa and other skyscrapers at night from Al Jadaf Waterfront; UAE. Image used for illustrative
purpose. Getty Images
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REAL ESTATE
Dubai property sales hit another record in October,

with nearly 20,460 sales, says new Property Monitor

report

Monthly transactions surpass 20,000 for the first time in history

Press Release

November 4, 2024

Dubai: Dubai’s property market hit another all-time high in October 2024, with almost 20,460 sales
transactions, according to new data from leading real estate intelligence authority, Property Monitor.
October sales, which took monthly transactions to over 20,000 for the first time in history, were 13% up
on September figures, the company said.

Early findings from Property Monitor’s October report on Dubai’s real estate sector also indicate that

nearly three quarters (73%) of transactions were for off plan or under-construction properties. The
residential sector accounted for more almost 95% of sales, with over 19,400 transactions.

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