Springfield Properties’ Announces Unprecedented Growth in Dubai’s Residential Market

Springfield Properties, one of the leading real estate brokerages in Dubai, has just released its Q2 2024 report, expressing superb growth through the city’s residential real estate sector.

[{"selector":"#anim-31670f03-09b7-47ce-bda5-0857ed248197","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-694c0766-2b6c-4468-ab6f-6d00787875cc","keyframes":{"transform":["translate3d(0px, 131.26744%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The total value of transactions in Q2 2024 reached AED 123 billion, which represents an increase of 35.70% compared to Q2 2023.

[{"selector":"#anim-9f3f60e4-6d98-4c51-a801-339733dac8ae","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae32e71e-e07d-4a97-a991-9d565a051a3e","keyframes":{"transform":["translate3d(0px, 182.67288%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-98fc72ff-1fb6-434a-988c-53e71c653a07 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The transactional values have been ever-increasing over the recent periods. In Q2 2023, this was AED 90 billion with 30,000 transactions.

[{"selector":"#anim-ba4c4967-4f27-46e0-a391-3ffb38901db2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d2c96bc7-cac1-4566-b85b-7fe2bedc570d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f122d3f0-0f4c-46d7-b443-86eb5bf98168","keyframes":{"transform":["translate3d(0px, 182.67288%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

This was followed by equally heady numbers in other months before touching a peak of 10,836 units traded in May 2024, thus nurturing the upward swing.

[{"selector":"#anim-16e4d322-7d72-4649-b70f-b3d7c14827f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-24.002660326690524%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7a8e40b5-b461-4ba2-b593-86d0877a3d12","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10319042-e1fd-4590-8deb-7bef421a70d3","keyframes":{"transform":["translate3d(0px, 152.76156%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Resilience and growth in Dubai’s real estate market are driven by strategic investments, regulatory updates, and key infrastructure projects.

[{"selector":"#anim-e2b214ad-34ae-46b4-8545-6594d383909a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(12.511937615557231%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9439745d-720d-48c1-9767-8d2d1f177bdf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c803a1e5-1bf0-43f0-82fa-bf3091a6f0e1","keyframes":{"transform":["translate3d(0px, 152.76156%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Springfield Properties is headquartered in Dubai and is one of the most innovative and accomplished real estate companies.

[{"selector":"#anim-8dd10af9-687b-4485-b06e-040a627419ad [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-0.3419668974298702%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-241d7b38-6fd5-4fa9-96e6-9c21459ed7e6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7756f1a1-2df5-4ec6-8d5d-ca5eec5d8081","keyframes":{"transform":["translate3d(0px, 182.67288%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]