- Pro-rate the Rent: Refund rent based on the transfer date.
- Transfer the Security Deposit: Make sure the buyer gets the deposit.
- Seller: Notify the tenant about the ownership change.
- Buyer: Reach out to the tenant once the title deed is received.
- If the purchase requires vacant possession, set clear expectations.
- Include Clauses in MOU: Allow for buyer withdrawal if the tenant doesnβt vacate.
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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Dubai Real Estate Market Overview: Q3 - 2024
π Sales Volume:
50,423 transactions
16.6% increase vs. QoQ
37.9% increase vs. Q3 2023
πΈ Sales Value:
AED 141.9B
14.4% increase vs. QoQ
30.1% increase vs. Q3 2023
π² Price per sqft:
1,511 AED
-2% decrease vs. QoQ
7% increase vs. YoY
π Top 5 performing areas:
β’ Jumeirah Village Circle
β’ Dubai South
β’ Business Bay
β’ Wadi Al Safa 5
β’ Dubai Hills Estate
π Discover full report HERE !
#dxbinteract #realestatemarket #propertymarket
50,423 transactions
16.6% increase vs. QoQ
37.9% increase vs. Q3 2023
πΈ Sales Value:
AED 141.9B
14.4% increase vs. QoQ
30.1% increase vs. Q3 2023
1,511 AED
-2% decrease vs. QoQ
7% increase vs. YoY
β’ Jumeirah Village Circle
β’ Dubai South
β’ Business Bay
β’ Wadi Al Safa 5
β’ Dubai Hills Estate
#dxbinteract #realestatemarket #propertymarket
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Weekly Sales Summary
4,210 transactions
1.6K per sqft
#dxbinteract #realestatemarket #propertymarket
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DOWNTOWN DUBAI
AED 3,074,000
-7% decrease from last week
πΈ Median Price Per Sqft:
AED 2,480
-9% decrease from last week
60 transactions
-15% decrease from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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JUMEIRAH VILLAGE CIRCLE
AED 880,000
-7% decrease from last week
πΈ Median Price Per Sqft:
AED 1,320
-2% decrease from last week
1,651 transactions
+32% increase from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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Last Week Overview
BUSINESS BAY
π² Median Price:
AED 1,403,000
-9% decrease from last week
πΈ Median Price Per Sqft:
AED 2,080
-17% decrease from last week
π Transactions:
187 transactions
-22% decrease from last week
π View the whole report HERE !
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
BUSINESS BAY
AED 1,403,000
-9% decrease from last week
πΈ Median Price Per Sqft:
AED 2,080
-17% decrease from last week
187 transactions
-22% decrease from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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You can now track past transactions and easily get detailed insights on DXB Interact. Whether you're buying, selling, or investing, knowing the history helps you make smarter decisions!
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #propertyservices
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Weekly Sales Summary
3,730 transactions
1.5K per sqft
#dxbinteract #realestatemarket #propertymarket
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DOWNTOWN DUBAI
AED 3,375,000
+10% increase from last week
πΈ Median Price Per Sqft:
AED 2,720
+10% increase from last week
66 transactions
+3% increase from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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JUMEIRAH VILLAGE CIRCLE
AED 900,000
-3% decrease from last week
πΈ Median Price Per Sqft:
AED 1,290
-4% decrease from last week
1,600 transactions
+19% increase from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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Last Week Overview
BUSINESS BAY
π² Median Price:
AED 1,550,000
+5% increase from last week
πΈ Median Price Per Sqft:
AED 2,100
-1% decrease from last week
π Transactions:
153 transactions
-27% decrease from last week
π View the whole report HERE !
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
BUSINESS BAY
AED 1,550,000
+5% increase from last week
πΈ Median Price Per Sqft:
AED 2,100
-1% decrease from last week
153 transactions
-27% decrease from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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π Date: October 24, 2024
πLocation: Coca-Cola Arena, Dubai
β°Time: 2 PM
#GameChangersSummit
#rayanserhant #firasalmsaddi #dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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π Palm Jumeirah Leads Dubai's Luxury Home Market As Sales Surge in Q3
In Q3 2024, Palm Jumeirah led the market with 19 deals worth over $344M, making up 31.2% of all luxury sales above $10M! Despite a 51% drop in listings, demand for ultra-luxury homes is skyrocketing.
Key highlights:
πΉ 92 luxury sales over $10M
πΉ Avg. price: $15.3M per deal
πΉ Palm Jumeirah accounts for 90.4% of prime sales
New hotspots like Palm Jebel Ali and Dubai Islands are emergingβDubai is now ahead of cities like New York and Hong Kong in high-end property sales!
π Read More News HERE !
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
In Q3 2024, Palm Jumeirah led the market with 19 deals worth over $344M, making up 31.2% of all luxury sales above $10M! Despite a 51% drop in listings, demand for ultra-luxury homes is skyrocketing.
Key highlights:
πΉ 92 luxury sales over $10M
πΉ Avg. price: $15.3M per deal
πΉ Palm Jumeirah accounts for 90.4% of prime sales
New hotspots like Palm Jebel Ali and Dubai Islands are emergingβDubai is now ahead of cities like New York and Hong Kong in high-end property sales!
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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Weekly Sales Summary
3,870 transactions
1.6K per sqft
#dxbinteract #realestatemarket #propertymarket
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DOWNTOWN DUBAI
AED 2,950,000
-11% decrease from last week
πΈ Median Price Per Sqft:
AED 2,680
+1% increase from last week
73 transactions
-6% decrease from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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JUMEIRAH VILLAGE CIRCLE
AED 900,000
πΈ Median Price Per Sqft:
AED 1,310
1,375 transactions
-11% decrease from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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Last Week Overview
BUSINESS BAY
π² Median Price:
AED 1,600,000
+5% increase from last week
πΈ Median Price Per Sqft:
AED 2,300
+9% increase from last week
π Transactions:
205 transactions
+11% increase from last week
π View the whole report HERE !
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
BUSINESS BAY
AED 1,600,000
+5% increase from last week
πΈ Median Price Per Sqft:
AED 2,300
+9% increase from last week
205 transactions
+11% increase from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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A New Dubai⦠Every 10 years!
βοΈ Star of #Netflix's #OwningManhattan, #RyanSerhant speaks to fΓ€m Properties on why Dubai is a Top Choice for investors in the US and worldwide alike.
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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Weekly Sales Summary
3,580 transactions
1.6K per sqft
#dxbinteract #realestatemarket #propertymarket
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DOWNTOWN DUBAI
AED 3,050,000
+3% increase from last week
πΈ Median Price Per Sqft:
AED 2,690
-3% decrease from last week
71 transactions
-3% decrease from last week
#dxbinteract #realestatemarket #propertymarket #dubairealestate #dubaiproperty #realestatenews
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