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Dubai's real estate market booms in 2024, seeing a 16.9% rise, fueled by international investment.
Dubai's real estate market is booming in 2024, with developers reporting record sales and profits, making it the world's third best performing prime real estate location with a 16.9% increase.
The surge is fueled by international demand, especially from wealthy investors looking to safeguard their assets.
Major firms like Emaar Development PJSC have seen profits double, and luxury properties are in high demand.
The market's growth is supported by the city's economic stability, tax-free income, and easy residency acquisition, with expectations for continued growth in 2025.
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El mercado inmobiliario de Dubai booms en 2024, viendo un aumento del 16,9%, impulsado por la inversión internacional.