The Past, Present and Future of UAE’s Real Estate Market
This year Dubai has been recognised as the world’s 4th busiest luxury property market right behind New York, Los Angeles and London. In August alone, Dubai recorded an increase of 38.8% in real estate sales value compared to August 2022. But can this growth be sustained or is Dubai’s property market heading towards a crash many are talking about? The region’s healthy economic growth, geopolitical safety and tax benefits are just a few of the many reasons why both local and foreign demand is expected to stay on the rise for many years to come.