October 25, 2024

Dubai homes are getting smaller while property prices increase

Dubai’s population is projected to reach five million by 2030, driving a notable response in the housing market. In 2024, there’s a record difference between home sizes and property prices. According to ValuStrat, using data from Dubai Land Department, the average home size has decreased to 1,450 square feet, while the average price per square foot has climbed to Dh1,490 ($405)—its highest...

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