Dubai real estate: Off-plan property demand surges in first two months of 2023
March 13, 2023
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The increase in off-plan property sales is an encouraging indication that the real estate market in Dubai continues to rise comparable to other big centres in the world
Dubai’s real estate market is seeing a surge in off-plan property sales in February 2023, according to a report by Allsopp & Allsopp.
The report noted a 42.1 percent increase in off-plan property sales, compared to the same period last year, driven by demand.
This demand is a “positive indication” that the Dubai property market is gaining momentum and confidence in the future prospects of the city’s economy, the report said.