Dubai’s real estate market has experienced significant growth in 2024, surpassing AED625 billion ($170.2 billion) in transactions.
This reflects Dubai’s economic development and its attractiveness to investors.
The Dubai government, led by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, is actively supporting the sector’s growth through initiatives like the Dubai Real Estate Sector Strategy 2033, which aims to increase transactions to AED1 trillion within ten years.
Sheikh Hamdan highlighted the vital role of the real estate sector in Dubai’s economy and its contribution to overall development. He emphasized that Dubai’s secure investment environment, supported by strong regulations, is a key driver of the sector’s growth.
