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A December 2024 Dubai real estate market report details robust activity, with off-plan properties dominating transactions (72.3%). Flats were the most popular property type, both off-plan and ready. Commercial property rents increased significantly (15%), reaching high occupancy rates (90-95%). The report also highlights the launch of a new rental index to curb price hikes and the contribution of non-oil sectors (75%) to the UAE's GDP. Several significant developments, such as the Pulse Beachfront project, are mentioned, showcasing Dubai's thriving real estate sector.
By Magnus DettmarA December 2024 Dubai real estate market report details robust activity, with off-plan properties dominating transactions (72.3%). Flats were the most popular property type, both off-plan and ready. Commercial property rents increased significantly (15%), reaching high occupancy rates (90-95%). The report also highlights the launch of a new rental index to curb price hikes and the contribution of non-oil sectors (75%) to the UAE's GDP. Several significant developments, such as the Pulse Beachfront project, are mentioned, showcasing Dubai's thriving real estate sector.

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