The second quarter of the year showed ongoing growth in Off Plan sales, with new lucrative opportunities attracting investors. As for the property types, apartments are still dominating this sector. Jumeirah Village Circle saw the highest number of transactions, likely due to the variety of investment options in the area.
Dubai Harbour was a close second, known for being a tourist favourite with great potential for short term rentals. A surge in branded residences is also boosting the market, with recent launches in Business Bay, Downtown Dubai, and Palm Jumeirah attracting high net worth individuals from all over the world.