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Dubai's villas reach 10-year price high

Villas in Dubai have reached their highest value in a decade, having jumped almost 30% annually in the first quarter of the year, according to data from the ValuStrat Price Index. Across Dubai's entire residential segment, values demonstrated a substantial increase of 6.4% on a quarterly basis and 24.7% annually. The price growth was primarily driven by a surge in apartment valuations, particularly in mid-range communities.

For a detailed perspective on the property market, visit:  Dubai - Real Estate Review Q1 2024