Villa market has exceeded market peaks of 2021

Dubai villa market has exceeded market peaks of 2021 over 100%

– According to the ValuStrat Index (VPI)

Starting from 2024, January 2021 became the new baseline for calculations instead of Q1 2014

Compared to February 2024, VPI rose by 2.1%:

For Villas rose by 2.4%

For Apartments rose by 1.9%

Compared to March 2023, VPI increased by 24.7%:

For Villas increased by 29.6%

For Apartments increased by 20.1%

Sales Volume

Ready dropped by 0.5%

Off-plan rose 14%

Areas with the highest annual capital gains:

Villas

Palm Jumeirah – 37,7%

Jumeirah Islands – 37.7%

Dubai Hills Estate – 34.8%

Mudon – 30.2%

Arabian Ranches – 29.2%

Apartments

Discovery Gardens – 32.6%

The Greens – 29.8%

​​Palm Jumeirah – 29%

The Views – 24.8%

Town Square – 24.5%