At the start of 2024, I identified two key trends that would shape the year for Dubai’s real estate market: the dominance of the off-plan segment and a recalibration in the market following years of unprecedented growth since Covid. Thus far this year, these projections have started to unfold, and we are seeing it more prominent as reflected in the Q3 data. With 18 years of experience in Dubai’s real estate sector, I apply a meticulous, data-driven approach to cut through market complexities and provide clarity on these topics.

As the Dubai real estate market continues its upward trend, fueled by significant growth over the last few years, we have started to see a shift in the market which is not only evident in the various data sets but also in daily real estate activities across the streets of Dubai.