Dubai Real Estate
In 2024, Dubai’s real estate market continues to thrive post-pandemic, showing remarkable resilience. After a boom in the early 2000s and a brief slowdown in 2008, the market has rebounded strongly, with off-plan property sales up 53% in the first half of 2024. Key drivers include Dubai’s favorable business environment, strategic government plans like the Dubai 2040 Urban Master Plan, and robust infrastructure. Despite concerns about a potential bubble, improved regulations and market transparency, such as the Real Estate Self Transaction (REST) platform, support sustainable growth. Dubai’s diverse real estate options and attractive rental yields make it a prime investment destination.
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