In 2023, Dubai’s real estate sector achieved its most successful year to date, according to Savills.

In 2023, the residential sector of Dubai’s property market experienced unprecedented success, as transaction activity surged by 29 percent annually, reaching a historic peak of 118,200 units, according to a recent industry report. This marked the first instance where the total transaction volume surpassed the 100,000 milestone in the emirate’s property market.