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

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 LuxuryProperty.com, 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

The Luxury Podcast is a production of ⁠⁠⁠LuxuryProperty.com⁠.

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