The Dubai Real Estate Market in February 2024 showcased robust activity across various segments, including land sales, apartments, and villas. High-value land transactions were led by Dubai Investment Park Second, with significant sales also in Dubai Hills and Business Bay. Al Barsha South Fourth emerged as a top-performing area in terms of volume, while Madinat Dubai Almelaheyah led in value. The market for off plan apartments was vibrant, with Oceanz 2 by Danube taking the lead, and Mudon Al Ranim 7 was the most sought-after for off plan villas. The ready apartment sector saw high sales in Socio, and Reem Townhouses were the top in the ready villa category, indicating a diverse and dynamic market across all real estate types.
Highest Price Land Sales in February 2024
| Area | Property Type | Amount |
| Dubai Investment Park Second | Land | AED 3.57B |
| Dubai Hills | Land | AED 280M |
| Al Qusais Industrial Second | Land | AED 250M |
| Business Bay | Land | AED 243M |
| Al Bada | Land | AED 185M |
Best 5 Performing Areas – February 2024
| Area | Count | Amount |
| Al Barsha South Fourth | 1152 | AED 1,121 M |
| Madinat Dubai Almelaheyah | 1035 | AED 1,938M |
| Business Bay | 851 | AED 1,935M |
| Dubai Marina | 532 | AED 1922M |
| Al Merkadh | 500 | AED 773M |
Most Selling OFF Plan Apartments in February 2024
| Area | Count | Amount |
| Oceanz 2 By Danube | 357 | AED 653M |
| Oceanz 1 By Danube | 296 | AED 517M |
| Riverside Crescent | 246 | AED 450M |
| Aeon | 198 | AED 496M |
| Grove | 188 | AED 214M |
Most Selling OFF Plan Villas in February 2024
| Area | Count | Amount |
| Mudon Al Ranim 7 | 111 | AED 336M |
| Mudon Al Ranim 8 | 108 | AED 321M |
| Verdana 2 | 41 | AED 39M |
| California Village | 21 | AED 70M |
| Rukan 3 | 19 | AED 14M |
Most Selling Ready Apartments in February 2024
| Area | Count | Amount |
| Socio | 154 | AED 214M |
| Seventh Heaven – Ashjar | 96 | AED 120M |
| REMRAAM | 57 | AED 40M |
| Sobha Hartland Waves Grande | 40 | AED 75M |
| Downtown Views II | 41 | AED 107M |
Most Selling Ready Villas in February 2024
| Area | Count | Amount |
| Reem Townhouses | 68 | AED 121M |
| The Sustainable City | 46 | AED 151M |
| Elan | 43 | AED 117M |
| Rukan 3 | 31 | AED 29M |
| Parkside 2 | 31 | AED 49M |
Related:
- Top Selling Real Estate Project in Dubai – January 2024
- Top 10 Nationalities Investing in Emaar Properties
- How New Year’s Trends Could Impact Dubai Real Estate
