Page 224 - SOBHA REALTY PR REPORT - NOVEMBER 2024

Growing Popularity of Off-Plan and Under-Construction Properties

Off-plan and under-construction properties represented a staggering 73% of all transactions in
October, reflecting investor confidence in Dubai’s long-term growth.

• Continued demand for properties under construction or yet to be developed
• Rising interest rates globally, but Dubai offers competitive rates

• Developers continue to launch new projects, attracting both local and international buyers

Off-Plan Sales Trends:

• Off-plan properties accounted for 73% of all October transactions

• Investors are drawn to flexible payment plans and future property appreciation

• Property Monitor highlights the sustained demand for off-plan investments

https://blog.psinv.net/dubai-real-estate-market-reaches-record-sales-in-october-2024/