Complex Made Simple

Confidence returning to Dubai’s real estate market, says Chestertons

Apartment and villa sales prices were down 2% and 3% respectively in Q4; rental rates Q-on-Q remained stable indicating stabilisation of the market Transaction volumes for completed units represented a year-on-year increase of 39% while off-plan units were up 68%; transaction values of completed and off-plan units up 60% and 99%, respectively, during the same period Supply still prohibiting short-term recovery, according to 2020 outlook