Dubai real estate market reaches all new highs in third quarter of 2023: Report

The Dubai real estate market, during Q3 2023, saw the highest quarterly capital gains in a decade, according to a new report by ValuStrat. In the housing sector of the Dubai property market, the Villa Price Index (VPI) saw a record 6.1 percent growth compared to the previous quarter, reaching 96.6 points on the ValuStrat Price Index. This showed a 15.1 percent increase compared to the same period last year. Dubai villa and apartment valuations rise in Q3 2023 Villa valuations surpassed the peaks seen in 2014 by 2.6 percent, with villa prices increasing by 19.8 percent year-on-year (YoY) and 7.6 percent quarter-on-quarter (QoQ) to reach 123.6 VPI points. <a href="https://medium.com/@valustrat/dubai-real-estate-market-reaches-all-new-highs-in-third-quarter-of-2023-report-f2308c12facc">Click Here</a>