Dubai’s residential real estate market is predicted to see a massive demand spike for mid-income housing, with buyer demand expected to hit all-time high levels in the next few quarters, driven by population growth and an influx of international talent.
According to the Dubai 2040 Urban Master Plan, the city’s population is expected to grow from 3.3 million to 7.8 million by 2040, underscoring the need for expanded housing options.
Industry insiders said Dubai is set to see the launch of a slew of projects in the mid-income housing segment, with developers currently finalizing projects on the drawing board, promising to offer both quality and accessibility.
