Downtown Dubai Market Report
September 2024
Transactions
1
0% MoM
Total Volume
AED 115.0M
0% MoM
Average Price
AED 115.0M
0% MoM
Avg Price/Sqft
AED 14,024
Median: AED 115.0M
Market Analysis
Downtown Dubai recorded 1 transactions totaling AED 115.0M in September 2024, with average prices trending stable.
Performance Trends
Month-over-Month
Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%
Year-over-Year
Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%
Property Type Distribution
PENTHOUSE
1
100% of transactions
Avg: AED 115.0M
Premium Transaction
Downtown Dubai Fountain View Tower
PENTHOUSE
Price
AED 115.0M
Bedrooms
5
Price/Sqft
AED 14,024
Transacted: 9/25/2024
Frequently Asked Questions
What was the average transaction price in Downtown Dubai during September 2024?
The average transaction price in Downtown Dubai for September 2024 was AED 115,000,000. This metric reflects the luxury positioning and desirability of the community during this period.
How many transactions occurred in Downtown Dubai in September 2024?
1 transactions were recorded in Downtown Dubai during September 2024, representing a 0% month-over-month change.
What property types dominated the market in Downtown Dubai during September 2024?
Transaction data reflects diverse property type preferences aligned with luxury market positioning.
Is Downtown Dubai a sound investment in September 2024?
Evaluate Downtown Dubai based on the September 2024 performance metrics: transaction volume, average prices and year-over-year trends. Compare with other luxury communities to assess relative value. Consult with MRK's investment advisory team for personalized guidance.
How does September 2024 compare to the previous month in Downtown Dubai?
Month-over-month, Downtown Dubai showed a 0% change in average prices and a 0% change in transaction volume, indicating adjusting market conditions.