Dubai February 2024: The Official Sales Price Index
• The overall monthly index recorded 1.611 and an index price of
AED 1,484,673.
• Apartments’ monthly index recorded 1.760 and an index price of
AED 1,457,747.
• Villas/Townhouses’ monthly index recorded 1.658 and an index
price of AED 2,785,439.
AED 1,484,673.
• Apartments’ monthly index recorded 1.760 and an index price of
AED 1,457,747.
• Villas/Townhouses’ monthly index recorded 1.658 and an index
price of AED 2,785,439.
Key Findings:
• 11,912 transactions worth AED 36.56 billion in February 2024.
Year-on-Year increase in sales value by 34.88%, and an
increase in sales volume by 27.12%.
• 46.40% of sales transactions were in the secondary/existing
market, while off-plan contributed to 53.60 % of the total
volume.
Year-on-Year increase in sales value by 34.88%, and an
increase in sales volume by 27.12%.
• 46.40% of sales transactions were in the secondary/existing
market, while off-plan contributed to 53.60 % of the total
volume.
