Dubai's residential capital gains maintain strong momentum, exceeding market predictions. The average size of homes purchased falls to record lows. Off-plan registrations lead the market, whilst ready property sales see further declines. 85% per cent of all established freehold villa communities in Dubai have more than doubled in value compared to four years ago. Moreover, prices have surpassed the previous peaks of the last decade, with Palm Jumeirah villas nearly doubling in value since 2014. Oqood (contract) registrations for off-plan homes grew 3.4% monthly and 46.4% annually, representing almost three-quarters of all home sales this month.
