Jumeirah Park Q3 2023 Market Report

Jumeirah Park is one of Dubai’s most sought after communities, and its popularity kept growing this quarter. As prices continued to rise to some of the highest we’ve seen, the area was packed with action in both sales and leasing. Q3 saw record-breaking sales as average prices increased compared to the same period last year – a trend that we expect to continue. There was also a noticeable boost in both new rental contracts and renewals. Demand from buyers kept the transaction volume high over the summer, dodging the expected seasonal slowdown. This also demonstrates the strong market conditions and the ongoing popularity of Jumeirah Park.