- Industry experts project that the UAE real estate market will reach a value of AED 2.5 trillion ($681 billion) by the end of 2024, driven by the city’s off-plan market.
- The UAE’s off-plan market accounts for 65% of overall sales transactions in August 2024, showing a 54% increase from the previous year.
- The influx of high-net-worth individuals seeking strong investment opportunities in luxury properties has been credited as significant contributors to the market’s growth.
