To know more about IMTIAZ Developments, CLICK HERE Dubai: As in 2024, property buyers in Dubai are seeing no slowdown in the number of offplan launches they can pick and choose from in the first few weeks of this year. In fact, all through January and February, there was an offplan launch or new property releases happening every second day – much like what it was in the whole of 2024. The sheer availability of offplan property choices does not make it any easier for wannabe buyers – especially as nearly 50% of them are first-timers to the market.
But there are clear trends starting to show that can turn out to be quite in favour of these newbie home buyers in Dubai. Also Read: Will Dubailand homes be next in line to feel boost from Dubai Metro’s line expansion? Also Read: Dubai Islands is seeing it all – more luxury homes, price gains and buyers Offplan prices stabilize after Golden Visa rush “The best part is that the sheer number of launches has meant that offplan launch prices have remained in check, which is not something that buyers were seeing in 2023 or first-half 2024,” said an estate agent. “In H1-2024, there was heavy pent up demand released after the reduction in the payment size before a Golden Visa can be issued.
“That meant prices in H1-2024 reflected this rush of demand from buyers seeking Golden Visas. Now, it’s all stability - with slight price changes either side - as the demand for property-linked Golden Visas smoothens out.” (The rule t.