Delivery of 30,000 residential units expected by end-2024 in UAE: JLL

Image: Dubai Media Office

The latest insights from JLL’s UAE Real Estate Market Overview for Q1 2024 reveal a buoyant investor sentiment driving significant activity across various sectors in the UAE.

The residential market in Dubai kicked off 2024 with excitement, witnessing the completion of approximately 10,000 units in Q1 alone, pushing the total stock to 729,000 units, the report revealed.

An additional 25,000 units are slated for delivery by year-end, with prime areas such as MBR City and Business Bay leading the charge.

Abu Dhabi, too, saw a steady influx of residential units,…