Season 5

Episode 1: What's Driving Off-Plan Growth in Dubai?

24 October 2023 Written by Staff Writer

Dubai has officially become the busiest luxury real estate market in the world with over AED3.1 billion ($850 million) worth of sales for properties priced at $10 million or higher. The off-plan sector has been performing especially well, with off-plan accounting for roughly 61% of all transactions. Mark Richards, Managing Director of, discusses the incredible growth of Dubai's off-plan market.

In this episode, we cover:

  • Factors driving the off-plan market in 2023
  • How the off-plan market has changed in the past 15 years
  • How developers stay competitive in a busy market
  • What's next for the off-plan market in 2024
  • The most interesting projects to keep an eye on

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