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Dubai Property Sales Boom: Record October Sets

New High

infodeskmsk

November 4, 2024

Dubai News , Real Estate

Dubai property sales boom is reaching new heights, with October 2024 marking a historic
milestone. Dubai saw a record-breaking 20,460 property sales transactions in October, according
to Property Monitor. This unprecedented demand reflects the emirate’s appeal as a global real
estate hub, driven by a steady influx of new residents, attractive financing options, and extensive
new project launches.

Key Drivers Behind the Dubai Property Sales Boom

The property market in Dubai has witnessed tremendous growth, with numerous factors driving this
boom. With reduced interest rates, Dubai offers an attractive landscape for both buyers and
investors, allowing more residents to buy homes instead of renting. Additionally, the city’s
infrastructure expansion, including the new Blue Metro Line, has increased the appeal of residential

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