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Global Market Insight

Dubai Market Report, Q3 2020

The Chestertons Observer Q3 Dubai Residential Report is now available to view.

Dubai's residential sector enjoyed a more buoyant Q3, with pent up sales demand, along with tenants taking advantage of lower rates to relocate, spurring market activity. Some of the key highlights are:

  • Dubai saw a surge in agency activity in Q3, with villa and apartment price trends diverging
  • There were market-wide declines in average rents, with villas proving more resilient for the second quarter in a row
  • New priorities and falling rents spur villa demand
  • Residential transactions figures increased significantly, primarily driven by ready property sales

Click below to download the full report.