The sales value in October 2024 was twice as high as in the same month of the previous year, marking a 107% increase compared to October 2023. 🚀

This Chart Shows the Comparison of Transaction Value in Dubai’s Real Estate Market Between 2023 and 2024 (Per Month)

This chart provides an overview of the monthly transaction values (in AED) in 2024, which have significantly increased compared to the same months in 2023.

Chart Explanation:

• Red Line (2023): Represents the transaction values per month in 2023.
• Blue Line (2024): Represents the transaction values per month in 2024.
• Percentage Increase (above the blue line): Indicates the percentage growth in transaction values in 2024 compared to the same month in 2023.

Key Insights:

📈 January: A 25% increase in transaction value compared to January 2023.
📈 May: A significant 53% surge, showing strong market growth.
📈 September: Transaction values jumped by 71%, highlighting a major uptick in activity.
📈 October: The most remarkable month, with a 107% increase, meaning the transaction value more than doubled compared to October 2023.

This chart illustrates the strong growth of Dubai’s real estate market in 2024, particularly in the second half of the year, emphasizing rising demand and higher sales values.

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