Dubai May 2024: The Official Sales Price Index
2024-05-25• The overall monthly Index recorded 1.656 and an
index price of AED 1,514,243.
• Apartments monthly Index recorded 1.826 and an
index price of AED 1,500,469.
• Villas/Townhouses monthly Index recorded 1.705
and an index price of AED 2,929,379.
index price of AED 1,514,243.
• Apartments monthly Index recorded 1.826 and an
index price of AED 1,500,469.
• Villas/Townhouses monthly Index recorded 1.705
and an index price of AED 2,929,379.
Key Findings:
• May 2024 had 17,713 transactions worth AED 46.495 billion.
• Year-on-Year increase in sales value by 38.01%, and sales
volume by 52.59%.
• 37.29% of sales transactions were in the existing/ready
market and 62.71% were off-plan in terms of volume.
