The leading real estate agency's Market Insights report offers insights from 2023 and highlights trends for 2024. Despite the completion of 60,000 units, demand exceeds supply due to rapid population growth. Surprisingly, villas accounted for only 1 percent of off-plan transactions.

Certain areas, including Tilal Al Ghaf, Jumeirah Islands, Dubai Harbour, and Dubai Hills Estate, are seeing increases in the average selling price per square foot. Dubai Hills Estate is leading the way in rental increases for apartments. New off-plan communities such as Tilal Al Ghaf and Dubai Hills Estate are growing in popularity, while older neighborhoods such as Arabian Ranches and Emirates Living continue to experience high demand and record transaction numbers.