Secondary sales have been catching up with off plan sales in October and November to date. This is mainly due to the fewer amount of launches by developers in the past few months as opposed to previous years.
The rental market remains steady in developed communities such as Dubai Marina, Palm and Downtown. We have seen some great offers for promoting leasing properties from 1 month free rent to 6 cheque payments.
October 2017 v’s October 2018
Off plan Sales Reg – 1,975
Secondary Market – 1,021
Total Sales: 2,996
Off plan Sales Reg – 1,643
Secondary Market – 1,571
Total Sales: 3,214
If you are looking to sell, buy, lease or rent a property please reply to this email
Have a great weekend.
Laura Adams, Managing Director, Carlton Real Estate.
(data compiled by Laura Adams, provided by propertymonitor.ae)