Residential property prices in Dubai are anticipated to rise by 7% in 2024.

Invest-Gate reports that Dubai remains a shining example for real estate investors in the Middle East, boasting a dynamic market and promising projections for 2024.

Analysts are forecasting a 5% to 7% increase in residential property prices, indicating a favorable outlook for Dubai’s real estate sector in the coming year.

Salman bin Ali, a real estate expert, commented, “We anticipate a 5% to 7% growth in residential property prices within Dubai’s real estate industry by 2024.”

He further noted, “The city’s appeal is undeniable, attracting investors globally due to its status as a commercial and tourist destination. In particular, the luxury market is expected to lead the way with its outstanding offerings and innovative developments.”

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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