In July 2024, there were 307 land transactions in the Dubai land market, of which 117 were plots with plot ratio, a significant decrease compared with June.

In July 2024, the land transaction area increased by 181.36% month-on-month and 173.16% year-on-year; The total transaction price of land increased by 24.85% month-on-month and 92.39% year-on-year; The total number of land transactions decreased by 0.65% month-on-month and increased by 22.31% year-on-year.

In July 2024, land transactions maintained the high activity of June, with both area and total transaction value rising, with the land transaction area reaching the highest since March, and the total transaction volume close to the transaction volume in February.

In July 2024, the average monthly transaction price of condominiums was 2,034 d/sq ft, down 3.87% month-on-month and 13.85% year-on-year; The number of units traded was 8,186 units, up 40.15% month-on-month and 87.45% year-on-year. The average monthly transaction price of existing houses was 1,535 d/sq ft, down 3.52% month-on-month and up 5.26% year-on-year; The number of units traded was 3,833 units, up 21.61% month-on-month and down 27.38% year-on-year.

     In July 2024, the average monthly transaction price of villas in off-plan was 1,634 d/sq ft, up 7.75% month-on-month and 5.49% year-on-year; The number of units traded was 1,836 units, up 26.97% month-on-month and down 1.08% year-on-year, with both volume and price rising. The average monthly transaction price of existing houses was 1,782 d/sq ft, down 0.55% month-on-month and up 16.21% year-on-year; The number of units traded was 1,002, up 29.46% month-on-month and 24.63% year-on-year.

In July 2024, apartment types, off-plan units: the largest proportion of 1 bedroom units in the number of transactions was 43%, which was basically the same as in June, with an average area of 700 square feet, followed by 0 bedrooms [studio] accounted for 22%, with an average area of 433 square feet, a slight increase in area; The total transaction price is 2 rooms, accounting for 37%; Existing house types: 1 bedroom accounted for 41% of the number of units transacted, a slight increase compared with June, with an average area of 826 square feet, followed by 2 bedrooms accounting for 29%, with an average area of 1,334 square feet; The highest proportion of 2 houses in the total transaction price was 34%, which was the same as the proportion of the previous month.

      2024年7月别墅户型，期房户型：成交套数4房最大占比43%，套数占比略微下降，套均面积3428平方英尺，其次3房占比28%，套均面积2670平方英尺，占比幅度略微上涨；成交总价其他户型类别最高占比25%；现房户型：成交套数3房最大占比42%，套均面积2323平方英尺，其次4房占比34%，套均面积3781平方英尺；成交总价4房最高占比38%。

      2024年7月公寓总价范围，期房户型：总价范围50-100万最大占比30%，相比5月占比下滑，套均总价75万迪，其次100-150万迪占比20%，套均总价124万迪，占比比例降幅较大；成交总价400万以上最高占比23%；现房户型：总价范围50-100万最大占比31%，套均总价75万迪，其次100-150万迪占比18%，套均总价127万迪；成交总价400万以上最高占比27% 。

In July 2024, the total price range of villas, off-plan house types: the total price range of 200-3 million accounted for 19%, and the average total price of the set was 2.52 million yuan, followed by 400-5 million yuan accounted for 19%, and the average total price of the set was 4.59 million yuan; The total transaction price is more than 10 million, accounting for 49%; Existing house type: the total price range of 2 million to 3 million accounted for 24%, the average total price of the set was 22.94 million yuan, followed by 5 million to 10 million yuan accounted for 21%, the average total price of the set was 7.42 million yuan; The total transaction price is more than 10 million, accounting for 39% of the total.

In July 2024, new apartments will be signed and renewed, with a total annual rent of 1.366 billion yuan, 17,965 leased units, and an average price of 76,055 yuan/year, with an average price decrease of 1.57% month-on-month and a year-on-year increase of 14.64%; The total renewal rent was 1.929 billion d, the number of leased units was 30,157 sets, and the average price was 63,976 d/year, with an average price increase of 1.84% month-on-month and 12.81% year-on-year; The average volume and price of new signings and renewals have risen.

In July 2024, villas were newly signed and renewed, with a total annual rent of 506.59 million yuan, 2,009 rental units, and an average price of 252,160 yuan/year, with an average price decrease of 7.75% month-on-month and a year-on-year increase of 8.24%, and a total renewal rent of 581.15 million yuan, 3,187 rental units, and an average price of 182349 yuan/year, with an average price decrease of 3.65% month-on-month and a year-on-year increase of 13.84%; The new signings and renewals are all volume increases and decreases.

2024年7月公寓期房现房以价换量,期房热点为以Dubai Hills Estate 、JVC、Business Bay等,热点项目以ARLO、Bayz 101受欢迎度度高,开发商以Emaar、Danube、 Samana等品牌开发商项目成交为主。 别墅期房现房均量价齐涨, Emaar、Nakheel品牌开发商成交量大;现房热点区域依旧为Damac Hills 2 、Villanova。

公寓租赁新签热点区域为JVC、International City、Business Bay、Dubai Marina、Downtown Dubai 与6月相同，续签热点区域为International City、 Al Qusais First、Dubai Silicon Oasis、Al Nahda Second、Al Barsha First ；别墅新签租赁热点板块Damac Hills 2、续签为Mirdif，均持续占据榜首。 公寓年均租金同比涨幅幅度相比6月略微下降，降幅约4%；别墅年均租金同比涨幅幅度与6月相比出现下降，降幅约2%。

[Note: Land Bureau record data-Reading Insight Network, some transactions that do not mark the house type are not included in the statistics, the above data is for reference only]