According to Invest-Gate, Dubai’s real estate market had tremendous expansion in 2024, drawing 110,000 new investors—a 55% rise from the previous year. While registered real estate investments amounted to more than AED 526 billion, the overall number of real estate transactions exceeded 2.78 million, with transaction values surpassing AED 761 billion.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister, highlighted the sector’s resilience and its contribution to making Dubai a global investment hub. “The Dubai real estate sector continues to record strong growth and new milestones. We are committed to supporting this sector and enhancing its value to reach AED 1 tn by 2033. My thanks to the Dubai Land Department team, led by Engineer Marwan bin Ghalita, for their efforts in driving this success,” Sheikh Hamdan stated via his official social media account.
The attractiveness of the Dubai real estate market is a result of its strong infrastructure, welcoming regulations for investors, and calculated growth-promoting measures. With the help of innovation and sound governance, these initiatives further cement Dubai’s standing as the top real estate investment destination in the world.
With steady growth, Dubai’s real estate market keeps setting new records, drawing in foreign capital and solidifying its position as a top investment destination. The sector’s crucial significance in determining Dubai’s economic destiny is reflected in Sheikh Hamdan’s vision for it.
