Dubai’s off-plan property market is off to a dynamic start in 2024, with new project launches happening almost every other day in January and February. This surge is giving buyers, especially first-timers (who make up nearly 50% of buyers), plenty of options without the rapid price hikes seen in early 2024. Prices have stabilized following last year’s Golden Visa rush, which spiked demand after eligibility rules were eased.
Emerging areas in Dubai’s free zones are also seeing more launches, offering attractive entry points for new buyers. Additionally, mortgage financing could become more accessible, as banks may begin approving loans before the typical 50% project completion mark. This could particularly benefit buyers eyeing properties around AED 1 million but lacking large upfront funds.
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The newly introduced Rental Index and building rating system is also expected to guide investor choices, especially for those targeting high-yield rental properties with completion dates between 2026–2028.