UAE real estate sales skyrocket with +5.4% MoM and +16.8% YoY growth

  • Date: 06-Feb-2024
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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UAE real estate sales skyrocket with +5.4% MoM and +16.8% YoY growth

Dubai: — D&B Properties, a distinguished leader in the UAE real estate market, proudly announces an extraordinary start to 2024 with a significant surge in sales volume. In January 2024, the industry experienced a remarkable month-over-month (MoM) increase of +5.4% and an impressive year-over-year (YoY) growth of +16.8%, marking the highest January figures in the history of the UAE real estate market.

The surge in sales reflects the resilience and dynamism of the UAE real estate sector, even in the face of global uncertainties. The market's ability to adapt and thrive showcases the confidence of investors and homebuyers in the region.

Key Highlights:

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MoM Growth of +5.4%: January witnessed a substantial MoM growth, underscoring the market's agility and responsiveness to evolving economic conditions.

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YoY Growth of +16.8%: The year-over-year growth of +16.8% is a testament to the sustained appeal of the UAE real estate market, attracting both local and international investors.

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Historical January Figures: The record-breaking sales volume achieved in January 2024 establishes a new benchmark for the UAE real estate sector, showcasing its strength and vitality.

D&B Properties, a key player in the UAE real estate landscape, has actively contributed to this phenomenal success. The company's commitment to delivering exceptional properties and unparalleled customer service