Press Release: haus & haus sees record sales in Dubai’s hottest villa communities in Q3
The newly released haus & haus Dubai Real Estate Market Reports for Q3 have revealed that the emirate’s villa communities are soaring with the highest ever sales by the company in the most sought-after areas – notably Villanova, Green Community DIP, Green Community MC, Jumeirah Village Triangle (townhouses), Al Mahra Arabian Ranches, and Six Senses The Palm.
Other highlights from the hotly anticipated quarterly reports – which analyse both internal haus & haus company data and information from Property Monitor – include a villa rental growth surge with Jumeirah Islands leading with an unprecedented 93% spike.
The top five highest rental yields were all over 6%, in fact Al Furjan Apartments saw a whopping 7.77%. The other four top performers were Al Barari Apartments & Townhouses, Dubai Marina, Sobha Hartland Apartments, and The Greens & Views.
Meanwhile, Dubai’s rocketing off plan segment recorded a huge 31,034 transactions in Q3, a 22% increase from Q2 2024, despite the traditionally slower summer months.
Off plan apartment sale transactions grew by 16% quarter-on-quarter, while townhouse and villa transactions increased by 76%, signifying a healthy shift in demand for larger units as more families make Dubai their permanent place of residence.
The average price per square foot for Off Plan properties was AED 1,843 in Q3, meaning areas like Dubai South, Dubai Sports City, and EXPO City continue to show great promise for capital appreciation due to their lower-than-average price per square foot.
