
Dubai Property Sales Fall 47%: What’s Driving the Shift
Dubai’s residential market recorded AED72.6 billion in sales in Q3, across around 34,000 transactions. But sales values were down 47% and transaction volumes fell 38% year on year. Off-plan properties still dominated, accounting for 72% of purchases. We’re joined by Zacky Sajjad, Director of Business Development and Client Relations at Cavendish Maxwell, to look at what the latest numbers tell us about Dubai’s property market.
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