A recent report by fäm Properties reveals that the majority of homes currently under construction in Dubai have already been sold, with absorption rates ranging from 90% to 100% for thousands of flats and villas set for completion this year. The analysis indicates that 564,072 residential properties are being built across Dubai, with 425,863 (75.5%) already sold.

The report highlights a 74.1% absorption rate for flats, with 367,514 of 495,775 units sold, and an 85.4% rate for villas, with 58,349 of 68,297 sold. Of the 96,585 homes to be delivered this year, 80,127 (82.9%) have been sold, including 82% of the 91,209 flats and 95% of the 5,376 villas.

Data from DXBinteract shows 100% absorption rates in several residential areas, including flats in Al Wasl and villas in Wadi Al Safa 5, Nad Al Sheba First, and Al Hebiah Sixth. Palm Jumeirah and Jumeirah Lakes Towers also report high sales, with 93.5% and 92.8% of flats sold, respectively.

Firas Al Msaddi, CEO of fäm Properties, stated, "The fact that around three quarters of flats and more than eight in ten villas currently under construction have already been sold reflects a market where demand keeps pace with development." He attributed this to investor confidence in Dubai's regulatory framework and the quality delivered by developers.

High absorption rates are also noted in Downtown Dubai and Business Bay, with significant sales in Ras Al Khor and Al Barsha South 2. For villas, areas like Al Hebiah Fifth and Dubai South are leading in sales. This trend underscores Dubai's appeal as a prime location for living and investment.

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