In April, buyers made 7,720 real estate transactions during the construction phase — 80.1% more than in April 2023 (4,287 transactions). Compared to March 2024, the number of transactions decreased by 8%.
The total value of off-plan real estate sold in March amounted to $4.7 billion, which is 88.2% more than in April 2023 and 18% less than in March 2024.
The average cost per sq. m. the meter in April amounted to $ 5,044 — a return to the frame of $ 5 to $ 5.5 thousand after a significant decrease of 13% in March this year. In April 2024, the indicator increased by 3.7% by March 2024, when a square meter was sold for an average of $ 4,863.
35% of transactions in April were in the price segment from 1 to 2 million dirhams (from 272 to 544 thousand dollars), another 33% — in the segment up to 1 million dirhams (up to 272,265 dollars).
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