January 22, 2024

Dubai residential real estate predicted to soar to new heights in 2024; 20% jump in property transactions, 17% rise in market volume projected

The housing market in the emirate is expected to reach nearly $82 billion, equivalent to AED 300 billion, by the end of this year. The residential real estate market in Dubai is expected to experience significant growth in 2024, with a projected 17 percent increase in market volume and a 20 percent rise in property transactions compared to the previous year, according to a recent market study. The surge...

Dubai house prices surge up to 21% on ‘unprecedented boom’

Dubai's property market continues its upward trajectory, marked by an unprecedented boom in 2024. A leading property portal in the UAE, Bayut, reports record influxes of local and international investors drawn by promising returns on investment. The CEO of Bayut, Haider Ali Khan, notes that Dubai's property sector has sustained commendable growth, driven by heightened demand from investors and residents,...

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